Is Sage 100 Fund Accounting right for your business?

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This product has been acquired by Abila and rebranded to Abila MIP Fund Accounting (formerly Sage 100 MIP Fund Accounting).

July 15, 2013 – Sage Nonprofit Solutions is now Abila, a company dedicated to serving dynamic nonprofit organizations and government agencies through high-value solutions that simplify and streamline processes. (Source: Abila.com)

The GASB Module includes all the tools you need to easily produce Governmental Accounting Standards Board-34 required reports, plus accomplish the difficult task of producing the complex, intricately formatted GASB-compliant Government Wide Statement of Activities. With the powerful, easy-to-use report writer you can also create and produce all necessary GASB-required statements up to highest accounting standards.

The GASB Module will allow you to:

  • Report fixed assets in the Government-wide Statement of Net Assets
  • Report depreciation on capital and infrastructure assets
  • Divide net assets into different categories for convenient financial reporting
  • Report depreciation expenses in the Statement of Activities

The GASB Module will assist in the major change to traditional government financial reporting and accounting standards, which require all government entities, such as colleges, school districts, local government entities, and other public sector organizations, to perform accrual accounting of fixed assets in an accurate, complete, and detailed manner.