Overview-Fund Accounting -FUNDamentals2008-Microsoft Dynamics AX-Metaphor Software

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Overview

Educational institutions are exploring enterprise resource planning tools like Microsoft Dynamics™ AX because they, like manufacturers, have a complex array of assets, buy a large amount of supplies and materials, and often distribute materials across many sites. But you also need to manage several funds – from operating through construction and foundations. In short, you are obligated to fund accounting and need the best capabilities that standalone fund accounting software packages can offer together with all of the integrated features of Microsoft Dynamics™ AX.

FUNDamentals 2008 is a fund-based accounting system that tracks restriction-based transactions in compliance with the Financial Accounting Standards Boards (FASB) rules that govern educational institutions. It also provides budgetary control, commitment accounting, cross-fund transactions and cross-fiscal-year reporting. FUNDamentals 2008 includes a user-friendly report writer, along with a rich array of standard reporting tools. In addition, grant transactions can be tracked using the project/grant module.

Educational institutions know that operational performance is critical. Additionally, private educational institutions rely on diverse sources of fundraising for success. FUNDamentals 2008 can help track the complexities of multiple giving sources with the practical realities of operations – not to mention handling the ever-increasing demands of regulatory compliance.

FUNDamentals 2008 offers the full array of features that organizations using fund accounting need to manage and maintain operations. Key features include:

Project Accounting
Grant Tracking
Capital Projects
Inventory and Production
Manage demand, production and distribution of inventory
Multi-language and multi-currency capabilities
Scalability

FUNDamentals 2008 marries the capabilities of robust fund accounting software with the full ERP capabilities of Microsoft Dynamics™ AX. Unlike standalone accounting software, or clumsy “bolt-on” products, FUNDamentals 2008 integrates so tightly with Microsoft Dynamics™ AX that institution-wide decisions and actions recorded in Microsoft Dynamics™ AX appear immediately in your FUNDamentals 2008 accounting data.

Let us show you the many other detailed features of FUNDamentals 2008!