The GMS Accounting and Financial Management/Reporting System integrates all
accounting activity into an entity-wide system. The GMS Accounting system is not
sold as separate modules, but rather as a package containing all the necessary
functions to run your not-for-profit on a daily basis. Our underlying system design is
entity-wide, providing you an integrated accounting system that performs all
accounting activities. Systems are available in a 1–2 user version, a 3–4 user
version, and a 5-or-more user version, either in Access or SQL Server
GMS has add-on software that can be purchased in addition to
the basic package, including accounts receivable (AR), purchase orders (POs), direct deposit, fixed assets, and report writer. GMS also
has a myriad of additional supplements to enhance your reporting features
and that fit specific applications within your agency.
GMS is designed to handle activity accounting. It is not a fund accounting
system, but a grant and contract accounting system created and written
specifically to account for grants, contracts, and activities.
Key features include
- compliance with Financial Accounting Standards Board
(FASB) 116 and 117 (requirements that all not-for-profit organizations
- accounting, reporting, and budget monitoring
for multiple grants and contracts, even if they have differing funding
- multiple ways to handle important cost
allocation issues for common costs, general and administrative
costs, indirect costs, fringe benefits, leave costs, and various specialized cost
- a variety of ways to comply with all major Office of
Management and Budget (OMB) Circulars.
Our clients are exclusively not-for-profit and public organizations. They range in
size from two to more than 1,000 employees.
For more information, visit the company's Web site