What are common accounting systems non-profits use?

In addition to a payroll system for paying employees, most non-profits use a separate accounting system to manage their organization's financials (general ledger, invoicing, accounts payable, etc.).  

Common accounting systems used in the non-profit industry are Blackbaud and MIP / Abila.

Once payroll is run, labor and benefit costs are typically imported into the accounting system.


How can IDI help?

Fully integrated with your time and payroll systems, IDI can allocate the labor and benefit costs across grants with our Time Bank Salary Allocation solution, and send the information to payroll, then take the post-payroll benefits and taxes from payroll to populate into our awarded-funds budgeting and management system, GrantAlytics.  That way your true labor burden across funds match your general ledger in your accounting system.  Labor burden, the actual cost of the employee including salary and benefits paid to the employee on your payroll, is important to include when reporting on the full cost of labor.


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ADDITIONAL RESOURCES:

IDI Non-Profit Solutions Video

IDI Non-Profit Solutions Blogs

GrantAlytics Overview

GrantAlytics Video