Product Quick Facts
About GMS Nonprofit Accounting and Financial Management Systems
Grants Management Systems Nonprofit Accounting and Financial Management Systems is an on-site accounting platform that specializes in accounting and revolving loan software for non-profit organizations. GMS software is designed to meet the specific requirements of non-profit and public organizations accounting for contracts and grants, or by program activity. Designed to handle most loan programs, GMS performs the day-to-day needs of portfolio management and reporting.
Software features include general ledger, cash receipts, general journal, budget preparation, cost allocation, accounts payable, payroll, timesheet accounting, financial reporting and security features. Accounts payable data entry functions allow transactions to be entered and can be easily changed, printed or displayed. Five budget types are maintained through GMS, including program, indirect cost, and fringe benefit. GMS Payroll Processing includes payroll functions and reports and is timesheet generated. Payroll, labor distribution, leave cost accounting, and leave balance maintenance all result from timesheet data entry procedures.
GMS-Revolving Loan Servicing software maintains loan profile data, records loan transactions, and meets the reporting requirements of state and federal programs. GMS-RLSS is specifically designed for organizations that must keep track of information for different funding sources — even for multi-funded loans. System add-on software includes accounts receivable, purchase orders, direct deposit, fixed assets, and report writer. GMS security features allow managers to create user-assigned permission levels, including viewing capabilities without editing or read-only rights to certain individuals.
Not sure if GMS Nonprofit Accounting and Financial Management Systems is right for you? Use our Product Selection Tool to compare other Accounting solutions. Have questions? Call one of our unbiased Technology Advisors for a free consultation.
(Last updated on 02/02/2022 by Jonathan Darcy)