What is True Fund Accounting

What is True Fund Accounting?

There are some necessary requirements for software to truly earn the moniker, “true fund accounting™.”

A true fund accounting™ system is a comprehensive, inherent, and purpose-built technology designed to meet the unique needs of nonprofit organizations’ financial infrastructures. It meets the complex fund tracking and flexible reporting requirements vital to a nonprofit’s continued ability to grow and serve its community.

True Fund Accounting™ Software is:

  • Purpose-built by and for nonprofit professionals
  • Represented by multidimensional charts of accounts
  • Visible and understandable to all stakeholders at all levels
  • Easily integrated with other mission-critical systems
  • Supported by highly knowledgeable representatives