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Invoice template for non-profit organizations

sentact helps nonprofits strengthen compliance build influence grow funding and Achieve Mission success it's a worldclass accounting solution with excellent integration capabilities to help your organization account and report on service provision fund accounting Grant tracking fundraising and other charitable activ activities it can streamline your operations and therefore reduce overhead and cost the integration engine allows information to flow seamlessly from other applications providing deep insight into your organization and ensuring compliance there is standard configuration for UK Charities including a template chart of accounts standard reports including sofa and other reports for compliance and disclosures a subscription to save page intact entitles you to four releases a year they just happen and how you work today is how you work tomorrow you get insight of what's coming along before the release happens you can click into the release notes and there are how-to videos that explain the new functionality everything is permissions based so if you want to use that functionality simply go into your role tick the function and Away you go this means that you get the benefit of the latest technology from a global software W author for example in the not profit sector fund and Grant accounting can be complex and rely on the correct and accurate GL postings GL outlier detection uses machine learning to detect and flag anomalies in the GL for example certain types of expense that are posted to restricted funds if this is the case workflow will kick in and it will send that journal for Journal approval if the approv is not on the system they will get an email they will follow the link to the email log on to Sage intact and they will be taken to the journal approval screen from here they can just simply approve on mass or they can investigate each individual Journal so by going into the journal I can see straight away that this has been posted to restricted funds it's rather a large amount it's gone to the main charity against a Scottish region and its fixed assets land and buildings if this is correct I can approve and it will no longer become an outlier it will learn from that posting a transaction route If I decline it it will stay an outlier I can also go in and edit the transaction and change any of the postings here Sage intact offers stakeholders of the organization business insights through dashboards and reports dashboards can be assigned to users or roles and can show you a number of different things you can see the statuses of funds at a glance you can see restricted and unrestricted funds you can also see that we've got an arrow up here this means that they have significantly increased from the prior period the prior year or to budget integration to fundraising systems and donation systems allows you to view how much has been received and also the number of donations you can see again we've got arrows up so it's significant ly increased from the prior month integration to fundraising and donation systems allows views of how much has been received and the number of donations so you can see here I've got 950 donations and I can work out the average voluntary income per donation so we can do calculations and these could be coming from different systems to allow you to view costs in in different categories so you can see here I'm looking at my expenditure by S category so expenditure charitable activities expenditure fundraising and expenditure support costs you can also see the same expenditure but in a different view so I'm seeing this by a typical p&l hierarchy so payroll expenses office costs costs of sales flow of data from Grant Management applications comes into intact and provides you with an upto-date View and the status of your funding so I've put this on the dashboard if I want to see the status of my funds and any voluntary income I can make this a little bit bigger and then I can view It On full screen so you can see that these are all of my funds for a particular year again these can be split down by different directives as well because I can have unlimited parent and child hierarchies here so I can see that I'm looking at voluntary income I can see the actual and I can see it against my budget and I can see the difference and the variance I've also got some conditional formatting which is drawing my attention immediately to the higher variances or the higher numbers single click here will drill me down into the general ledger journal to which that relates integration into fundraising systems again allows me views of any funds that have been raised and also any costs in raising those funds so you can see I've had different fundraising events fundraising event one two again we have unlimited hierarchies here and I can see all of the revenue that came in from that event but I can also see all of my costs so I've got a surplus and deficit here by individual event and these can be Regional so you can see a surplus or deficit by each individual fund or event that sits within a fund for those nonprofits who deal with Grant giving Sage intact allows you to Monitor and report on beneficiary payments and also Grant spend so you can see here I've got a graph which is actually showing me all of the beneficiary payments that have been made in a particular month and then I'm seeing this by type of payment whether it's recurring or annual single click just allows me to drill down into the detail and I can see for the month of October that we've got some Grant payments we've got some one-off payments and some recurring payments so I can drill down into the detail single click again just drills down into the individual payments I can see that these were the payments that were made if you are an organization that provides a service Sage inac can report by service provision and also by service line so you can see here this is my dashboards on my schools and Care Homes I can see the gross margin I can also see the number of students or the number of residents and also the average income that that provides obviously I've got a thumbs down because it's less than the prior month again single click here will allow me into those journals that support that Revenue number for my schools and Care Homes I can also break down individual service lines so I can break that income down by fees rent meals Sury and so on I can also see my cash balance at a glance along with my revenue for Care Homes now this can be filtered for all schools and Care Homes or it can be filtered just for an individual School an individual Care Home Etc Sage intact is a multi-entity shared environment it allows users to transact in and between legal entities without having to log on or log off you can see here my organization give a little Charity I have the main charity I've got a grant giving entity I have a trading entity that maybe provides goods and services I've also got different directorates that may have um partial exemption within it so users can process a transaction one minute for the main charity and then for the second for the grant giving and then also maybe a sales invoice for the trading company how they do that is they go into the function if for example accounts payable into the purchase invoices if we just go into this one here how we tag that invoice against the entity is via its location so this might be the main charity the next invoice might be for the trading company so it's actually the location that gives it the entity but it supports a shared service center approach the interc company processing can be done via a interc company billback I.E a sales invoice creating a purchase invoice in the opposite entity of course the opposite side of that will be the interc company control accounts and also it allows you to do journals as well and they flow seamlessly through to the opposite interc company debtors and creditors accounts we also have a full consolidation function which will automatically eliminate those to company balances