Introduction
Nonprofits face unique challenges: restricted funds, donor reporting, and grant compliance. Sage Intacct’s fund accounting module simplifies these tasks while ensuring FASB/GASB compliance. Learn how to track donations, allocate overhead, and impress donors with transparency.
Key Features for Nonprofits
1. Fund Tracking
- Assign donations to specific programs, grants, or geographic regions.
- Example: A disaster relief org tracked $5M across 20+ emergency funds.
2. Grant Management
- Auto-generate reports showing grant utilization vs. budgets.
- Set alerts for underspend/overspend risks.
3. Overhead Allocation
- Distribute indirect costs (e.g., admin salaries) fairly across grants using activity drivers.
4. Donor Dashboards
- Share real-time fund usage metrics with board members via customizable dashboards.
Advanced Configurations
Integrate with Donor Management Tools
- Sync Sage Intacct with Salesforce NPSP or Blackbaud for unified donor/financial data.
Custom Grant Templates
- Replicate workflows for recurring grants (e.g., annual government funding).
Budget vs. Actuals by Program
- Visualize variances using Sage Intacct’s built-in pivot tables.
Case Study: Global NGO Boosts Grant Transparency
- Challenge: Donors demanded real-time visibility into $10M in grants.
- Solution: Created donor-specific dashboards with Sage Intacct’s dimensional reporting.
- Result: Secured 25% more recurring donations due to improved trust.
FAQs
Q: Can Sage Intacct handle endowments?
A: Yes! Track principal vs. income and automate spending policies.
Q: Does it support grant billing?
A: Absolutely—generate invoices tied to grant milestones automatically.
📩 Struggling with Fund Accounting? Let AccFin configure Sage Intacct for your mission. Get Started.