PyanGo Advanced Fund Accounting for NetSuite
Fund Accounting meets the needs of non-profit organizations by ensuring that all accounting entries are balanced by a wide variety of classifications and combinations.
Screenshots
Overview
PyanGo's Fund Accounting Solution
This fund accounting solution addresses nonprofit organizations' financial management requirements to track and report on multiple funds simultaneously. Demonstrate accountability by allocating financial events, such as expenditures or encumbrances, to the corresponding individual fund, eliminating confusion and overspending.
Key Benefits
Manage your available funds by:
- Using existing NetSuite dimensions for fund and enabling as a balancing segment
- Automatically creating the due-to/due-from entries based on balancing segment values
- Enabling users to fund financial reports by fund.
- Enforcing spending controls so restricted funds can be allocated to specific expenses
Native NetSuite Platform Application
PyanGo's solutions are built using NetSuite SuiteCloud development platform tools. It is 100% integrated with your existing NetSuite products. It delivers robust performance and reliability via the proven NetSuite platform.
Features
Generate Self Balancing Entries
- Balance on multiple accounting dimensions such as class and department, ensuring statutory reporting compliance
- Control expense spend from specific funds
- Leverage Suite GL features so that all impacts are in one place
Automated Funds Transfer
- Automatically transfer funds between restricted and unrestricted categories
- Works with PyanGo Grants Management to manage transactions related to grants and projects.
Produce Non-Profit GAAP and GASB Financial Statements
- Produces comparative statements for your management staff and board of directors
- Illustrates the budget to actual position for your programs, grants, departments, and other cost centers
- Generates standard non-profit statements such as Statement of Net Assets, State of Revenues and Expenses, etc
- Estimates future periods with ease and calculates forecasted financial positions, including analyzing "what-if" scenarios for better decision making
Enforce Balancing for Journal Entries
- Manual JE balancing will be enforced, so no out of balance entries are created
Support Interfund Entries
- Enable definition of clearing accounts for the balancing journals.
- Solution is entirely rules based and configured to your needs.
Compare PyanGo Advanced Fund Accounting for NetSuite with
Similar in Finance & Accounting
View all
Tvarana Vendor Statement
Tvarana Software Solutions Pvt. Ltd.
Vendor Statement is a SuiteApp that provides statements to vendors, including financial transactions such as Vendor Invoices, Bill payments, Journals, and Bill Credits. Vendor transactions can be printed or emailed to vendors conveniently using the app. Vendor Statement is similar to the standard NetSuite Customer Statements, which provides a statement to your customers reminding them about payment of their invoices.
Continuous for NetSuite Advanced Financials
Continuous Technologies
Continuous streamlines hybrid subscriptions, usage-based billing, credit commitments, and complex pricing—keeping NetSuite at the core of financial operations. With NetSuite and Salesforce integrations, we automate prepaid credits, minimum commitments, and usage tracking, helping businesses sell in Salesforce and manage revenue in NetSuite.
PyanGo Advanced Fund Accounting for NetSuite
