Home > Products > FundWare: Allocation Management
		FundWare Product Tour: Allocation Management FundWare's Allocation Management has been designed specifically for nonprofit and government organizations. It streamlines your entire indirect costing process, enabling you to maximize your cost recovery against grants and contracts. Allocation Management also automates the cumbersome processes of allocating revenue earned for pooled investments and re-costing shares in investment pools. Its accuracy, as well as seamless integration with the General Ledger and Project/Grant modules, improves staff productivity and delivers a full reporting solution required for internal and external reporting. Only Kintera Public Sector Solutions provides the public sector with a specialized module for cost allocation. FundWare's Allocation Management offers superior functionality for advanced allocations and serves as a vital part of the award-winning FundWare suite of accounting software. Sample screenshot (click for larger view): With the Allocation Management module, you can allocate indirect costs based on grant or contract-specific indirect cost rates as well as your organization's indirect cost rates, choose from multiple flexible methods for indirect cost distributions, including dynamic percentages, fixed/predetermined percentages, and percentage of budget and conform to unique grantor requirements and customize distribution formulas with Kintera FundWare's flexible programming language. You also have the ability to monitor indirect cost limits automatically, avoiding overcharging funding sources, include/exclude allowable expenses based on FundWare's flexible account attributes and allocate according to your schedule by defining the time-period for when allocations are generated. Fundware allows you to run historical allocations that redistribute previous amounts based on new business rules, provide a strong audit trail to support your indirect cost methods and A133 audits. The software also allows you to choose from multiple flexible methods for allocating interest earned, such as dynamic calculation of fund cash balances at period-ending, or average daily balances. Easily allocate fund revenue by percentage of principal or number of shares owned or recalculate unit price based on new market values and update number of shares owned for each fund. With Fundware, you can also eliminate the need to maintain massive spreadsheets to save time and avoid errors. Next feature: Payroll

Software Systems, Inc. Fund Accounting and Utility Billing Software for Local Governments and Non-Profits
© 2007 Software Systems, Inc. All rights reserved.