Charities, trusts and other organisations in the not-for-profit sector not only have different needs to companies when it comes to financial reporting – they can also have differing needs to each other.
When it comes to accounting software, the idea that ‘one size fits all’ no more suits the voluntary and not-for-profit sector than it does the SME and corporate world.
PS Financials has developed award-winning charity accounting software for voluntary and not-for-profit organisations of all sizes.
Much like Academy software, non-profit accounting software must be simple and quick to use for non-financial as well as financial users.
PS Financials’ software has been developed to be fast and easy to use but sophisticated enough to cope with all the specialised reporting requirements of charities, trusts and other similar organisations.
The main features of PS Financials’ charity accounting software include:
- advanced donor/funder reporting
- trustee reporting
- carbon emission reporting
- SORP, SoFa, DCMS and Audit Commission reporting
- automated partial VAT recovery
- restricted/unrestricted funds
- budget holders’ web portal.
Importantly, the software can also integrate easily with key fundraising CRM systems such as Blackbaud Raiser’s Edge and ThankQ.
But not all voluntary organisations need the major reporting functions that the big national and international charities use. So PS Financials has created the PSF Community Edition to meet the requirements of smaller not-for-profit organisations.
PS Financials has developed prize-winningaccountancy , order processing, budgeting, billing, project control, consolidation and process automation software utilised by organisations in Europe, the United States, Africa, the Middle East, Asia and Australasia.
Its charity accounting software is used by hundreds of charities and not-for-profit organisations throughout the UK and in at least 34 countries across the world.
Charities and not-for-profit users include the Malaria Consortium, Imperial War Museum, Fairtrade Foundation, Medecins Sans Frontieres UK, WRVS, Glyndebourne Opera, Disaster Emergency Committee and the Gurkha Welfare Trust.
A spokesperson for the Fairtrade Foundation said: “PS Financials has allowed us to do complicated reporting that before we couldn’t even dream about.”
View the PS Financials website for further information about its award-winning charity accounting software.
