Nonprofit question...

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Posted on by Community Member

Going to ask a potentially dumb question here, but...

Has anyone used GP themselves in a nonprofit environment, or implemented the system in a nonprofit? My firm has an audit client that is implementing GP and they have asked us for some assistance. I've never worked on a nonprofit before so I don't know the answer to their question. They are looking for some guidance on setting up new net assets - they have some that are restricted, others that are temporarily restricted as well as unrestricted funds. What's the best way to do this?

I know that grant management uses analytical accounting so my first thought is to just set up another dimension to track this but I thought I'd check here first.

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Bill Campbell 12 on at

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RE: Nonprofit question...

Your timing is perfect for me on this question. I was about to post a similar question as I have a new prospect that wants to keep it simple and does not want to get to heavy into the add on modules if possible.

So my add to this question is:

Can you by adding additional segments to the GL number create enough reporting capability - or will we find it necessary to use the 'sub' ledgers.

Looking with interest to the replies.

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RE: Nonprofit question...

The simplest way and most common implementation for Not for profits is segmentation of Account structure. Reporting works just fine. The draw back of this approach is the GL account size tends to be large with multiple segments when there is combination of departments, projects, fund restriction, natural account - etc.

I have also seen Dynamics GP Project Accounting implementation for Non profits - reporting get complicated here.

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Redbeard 12,931 on at

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RE: Nonprofit question...

In my experience, InterCompany Processing (A.K.A. InterFund management) from Nolan Business Solution is an excellent 3rd Party product for use in Not-for-Profit environments. It has been selected and implemented every time I have introduced it to a Non-Profit organization.

www.nolanbusinesssolutions.co.uk/.../intercompany-postings

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Community Member on at

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RE: Nonprofit question...

One point to consider, if the non profits have subscription based revenue - Dynamics GP falls short. In that scenario you will need products like TIMMS for subscription management, which would then need to be interfaced with GP for revenue entries.

Cheers!

Sanjay

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Bill Campbell 12 on at

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RE: Nonprofit question...

Harry, any suggestions for a non-profit on a budget - meaning they don't have much to spend on software, GP was a tight enough fit - adding 3rd party now might make it tough to sell.

Client was using GP for years and just reporting their way through the process - now looking for change - and I am trying to be 'cheap'

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Redbeard 12,931 on at

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RE: Nonprofit question...

Bill -

Sorry I missed this, it almost slipped by completely. A Not-for-Profit on a budget could make use of the Not-for-Profit components native to Dynamics GP, like Encumberance Management, Grant Management, Analytical Accounting, a strong GL and Interfund/Intercompany Management. Here are links to multiple articles on the approach.

www.erpsoftwareblog.com/.../not-profit-companies-love-microsoft-dynamics-gp

www.erpsoftwareblog.com/.../microsoft-dynamics-gp-interfund-management-%E2%80%93-it%E2%80%99s-not-just-for-non-profits

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