Spend More Time Helping Students With Accounting Subledger
Accounting Subledger from Salesforce allows educational institutions to prepare their fundraising information for their accounting system. Accounting Subledger connects systems to ensure that there is a single source of revenue and payment data, this saves more time for fundraising.
We understand that accounting tasks can take up a huge portion of time. For example, exporting gifts and transforming the data into transactions for their accounting system. Educational institutions often find it difficult to easily track debits and credits, adjustments, write-offs, and reversals.
Difficult cash and accrual accounting can cost all organisations a significant amount of time. We understand that organisations would love to have the ability to automate these processes and save valuable time.
Accounting Subledger supports the mapping to almost all accounting systems from within Salesforce. The platform comes with a variety of out-of-the-box templates for accounting systems including Blackbaud Financial Edge, Sage Intacct, Quickbooks, Netsuite, Banner finance, Microsoft Dynamics and many more.
Track all revenue activity
Accounting Subledger allows for organisations to connect all revenue and expenses within Salesforce. This helps organisations increase transparency, due to the fact that they are able to track various revenue streams outside of donations.
Reduce admin time
Usually admin staff have to spend a huge amount of time creating reports and audits so that they can gain specific educational fees and grants. Accounting Subledger allows organisations to carry these out efficiently and save time compared to traditional methods.
Without the right platform to help, organisations can spend large amounts of time carrying out accounting tasks. Below are some of the issues that any educational organisation without a platform to help with accounting tasks could face.
Time consuming accounting work can takeaway time from carrying out tasks that are important to the organisations success
Difficulty tracking expenses and revenue
Human error can cause accounting issues
Generating reports and report templates take up significant time
Benefits of Accounting Subledger
Accounting Subledger is part of the Nonprofit Success Pack, it allows nonprofits to save time on tasks that are carried out during the preparation of information for their accounting systems. Below are some of the benefits that Accounting Subledger can provide for nonprofits.
Collate all of the education centres revenue and expenses within Salesforce, this allows nonprofits to track revenue streams
Out-of-the-box templates that can suit several accounting systems
A streamlined user interface that allows nonprofits to work quickly and efficiently
Easily manage time consuming audit requirements for schools fee, gifts, and grants
Don’t take our word for it
Our customers are our best brand evangelists, when we helped out Auditory Verbal they had some very nice things to say about us.