Sage Fund Accounting Overview
Sage Fund Accounting software is the preferred nonprofit financial management solution used to plan and manage budgets, maximize grants, manage Human Resources, and produce accurate customized reports in minutes. Sage Fund Accounting software addresses the specific nonprofit financial management needs of organizations that need to track and report on multiple funds across multiple budget periods to meet their reporting requirements and demonstrate accountability.
Strengthen, Streamline, and Simplify
Sage Fund Accounting (formerly MIP) is the award-winning financial management solution preferred by nonprofits and government agencies for planning and managing budgets, maximizing grants, and producing accurate reports. Unlike commercial accounting systems, Sage Fund Accounting addresses specific needs such as tracking and reporting on individual funds from multiple sources and complying with FASB, GASB, and other reporting requirements.
30 Years Strong
With its flexible system setup and built-in reporting, Sage Fund Accounting helps your organization master its critical accounting and administration tasks. This product provides more than accuracy; it gives the quality and service that results in greater accountability, effective management of funds, and more time to focus on your cause.
- Complete Financial Management: Streamline daily tasks with an integrated financial management system. Quickly produce accurate, customized reports to comply with government, grant, and internal reporting requirements, and respond to auditor requests.
- Accountability and Stewardship: Demonstrate financial responsibility to satisfy internal and external requirements by producing the reports you need quickly and easily.
- Budgeting, Forecasting, and Planning: Create, plan, and monitor customized budgets for grants, programs, and departments. Calculate forecasted financial position, monitor budgets, and analyze "What if" scenarios to foster smarter decision making.
- Effective Grant Management: Maximize funding potential and provide transparency at all levels with Sage Grant Management. This web-based grant receiving solution uniquely combines development, contact and financial data to improve grant pipeline management while optimizing success tracking.
- Simplified Human Resource Management: Fully integrated Human Resource Management module allows you to track, manage, and report quickly and easily. Web-based employee portal provides efficient and automated timesheet management and online employee data access.
Intuitive for Accountants, Customizable for Organizations
Customize the system to fit your work habits and your mission—not the other way around. When you open the Sage Fund Accounting system, you're greeted with the information that is most important to you. You can tailor entry fields, highlight required fields, save your favorite reports for easy access, create shortcuts to other applications, and perform tasks more efficiently than ever before.
Up-to-the Minute Analysis and Reporting
Comply with the critical reporting requirements of auditors, internal management, funding sources, and your board of directors with the flexible, robust report writer. Demonstrate your organization's financial responsibility by displaying critical data in presentable, easy-to-distribute reports.
- Run comprehensive reports. Produce a wide selection of standard reports such as FASB or GASB-compliant, audit-ready financial statements. Easily report on multiple fiscal years in the same report or create reports that cross fiscal years.
- Monitor organizational performance. With financial dashboards, you can slice and dice, drill up, down, and across information to fully analyze trends, budgets, spending ratios, and more.
Extensive Budget Controls
Sage Fund Accounting gives you the power to manage an unlimited number of budgets. Easily review budgeted amounts, dollars spent, committed funds, and available budget. Produce comparative statements for your management staff and board of directors illustrating the budget to actual position for your programs, grants, departments, and other cost centers. Estimate future periods and calculate forecasted financial position, including analyzing "what-if" scenarios for better decision making.
Self-Balancing, Flexible Chart of Accounts
The table-driven chart of accounts structure in Sage Fund Accounting is uniquely valuable to nonprofits and governments. By customizing your chart of accounts, you eliminate the need to manually enter each possible string of account combinations for every new source of funding. This saves time each time you start a new project. You can record funds, grants, programs, contributors, and more with an unlimited number of segments.
Fully Integrated Human Resource Management
The Human Resource Management module is fully integrated to your Payroll and GL systems, providing quick and easy reporting, tracking, and full data management. Maintain federal and state compliance and securely efile tax forms. The Employee Web Service module provides efficient and automated timesheet management and employee data access—saving you countless hours of valuable administrative time.
Access and Control
Maintain data access with built in options ranging from role-based security to account-level security. You can set security limits, allowing specific departments or users, such as temporary employees, to see only the dashboards and data pertinent to their duties. Reduce time spent on pulling reports for senior management. Give your board members, directors, and key executives direct access to the financial reporting, graphs, and data they need with the report-only Executive View licensing option.
Build Your Own System
This system's modular structure gives organizations the opportunity to purchase only the functional areas they require. As your organization develops, adding specialized modules can address the needs that come with expansion and growth. And Sage Fund Accounting maintains the integrity of existing data any time additional modules are installed, giving you a solid foundation for financial accountability.
Flexibility and Choice: On-Premise or Online Solutions with Sage
Sage Fund Accounting is offered as an on-premise application or fully managed hosted solution - it's your choice. Hosting with Sage allows you and your team access to your application and data from anywhere via the internet, while alleviating IT burdens from your staff. Your data is secure, backed-up, and monitored, with guaranteed Service-Level Agreements (SLAs). With no need to deploy or maintain a server, hosting lowers your total cost of ownership, while increasing accessibility and flexibility of Sage Fund Accounting. No matter which you choose, Sage Professional Services and Certified Business Partners are there every step of the way to help your organization get up and running quickly and efficiently.
Overview
Sage Fund Accounting software is the preferred nonprofit financial management solution used to plan and manage budgets, maximize grants, manage Human Resources, and produce accurate customized reports in minutes. Sage Fund Accounting software addresses the specific nonprofit financial management needs of organizations that need to track and report on multiple funds across multiple budget periods to meet their reporting requirements and demonstrate accountability.
Strengthen, Streamline, and Simplify
Sage Fund Accounting (formerly MIP) is the award-winning financial management solution preferred by nonprofits and government agencies for planning and managing budgets, maximizing grants, and producing accurate reports. Unlike commercial accounting systems, Sage Fund Accounting addresses specific needs such as tracking and reporting on individual funds from multiple sources and complying with FASB, GASB, and other reporting requirements.
30 Years Strong
With its flexible system setup and built-in reporting, Sage Fund Accounting helps your organization master its critical accounting and administration tasks. This product provides more than accuracy; it gives the quality and service that results in greater accountability, effective management of funds, and more time to focus on your cause.
- Complete Financial Management: Streamline daily tasks with an integrated financial management system. Quickly produce accurate, customized reports to comply with government, grant, and internal reporting requirements, and respond to auditor requests.
- Accountability and Stewardship: Demonstrate financial responsibility to satisfy internal and external requirements by producing the reports you need quickly and easily.
- Budgeting, Forecasting, and Planning: Create, plan, and monitor customized budgets for grants, programs, and departments. Calculate forecasted financial position, monitor budgets, and analyze "What if" scenarios to foster smarter decision making.
- Effective Grant Management: Maximize funding potential and provide transparency at all levels with Sage Grant Management. This web-based grant receiving solution uniquely combines development, contact and financial data to improve grant pipeline management while optimizing success tracking.
- Simplified Human Resource Management: Fully integrated Human Resource Management module allows you to track, manage, and report quickly and easily. Web-based employee portal provides efficient and automated timesheet management and online employee data access.
Intuitive for Accountants, Customizable for Organizations
Customize the system to fit your work habits and your mission—not the other way around. When you open the Sage Fund Accounting system, you're greeted with the information that is most important to you. You can tailor entry fields, highlight required fields, save your favorite reports for easy access, create shortcuts to other applications, and perform tasks more efficiently than ever before.
Up-to-the Minute Analysis and Reporting
Comply with the critical reporting requirements of auditors, internal management, funding sources, and your board of directors with the flexible, robust report writer. Demonstrate your organization's financial responsibility by displaying critical data in presentable, easy-to-distribute reports.
- Run comprehensive reports. Produce a wide selection of standard reports such as FASB or GASB-compliant, audit-ready financial statements. Easily report on multiple fiscal years in the same report or create reports that cross fiscal years.
- Monitor organizational performance. With financial dashboards, you can slice and dice, drill up, down, and across information to fully analyze trends, budgets, spending ratios, and more.
Extensive Budget Controls
Sage Fund Accounting gives you the power to manage an unlimited number of budgets. Easily review budgeted amounts, dollars spent, committed funds, and available budget. Produce comparative statements for your management staff and board of directors illustrating the budget to actual position for your programs, grants, departments, and other cost centers. Estimate future periods and calculate forecasted financial position, including analyzing "what-if" scenarios for better decision making.
Self-Balancing, Flexible Chart of Accounts
The table-driven chart of accounts structure in Sage Fund Accounting is uniquely valuable to nonprofits and governments. By customizing your chart of accounts, you eliminate the need to manually enter each possible string of account combinations for every new source of funding. This saves time each time you start a new project. You can record funds, grants, programs, contributors, and more with an unlimited number of segments.
Fully Integrated Human Resource Management
The Human Resource Management module is fully integrated to your Payroll and GL systems, providing quick and easy reporting, tracking, and full data management. Maintain federal and state compliance and securely efile tax forms. The Employee Web Service module provides efficient and automated timesheet management and employee data access—saving you countless hours of valuable administrative time.
Access and Control
Maintain data access with built in options ranging from role-based security to account-level security. You can set security limits, allowing specific departments or users, such as temporary employees, to see only the dashboards and data pertinent to their duties. Reduce time spent on pulling reports for senior management. Give your board members, directors, and key executives direct access to the financial reporting, graphs, and data they need with the report-only Executive View licensing option.
Build Your Own System
This system's modular structure gives organizations the opportunity to purchase only the functional areas they require. As your organization develops, adding specialized modules can address the needs that come with expansion and growth. And Sage Fund Accounting maintains the integrity of existing data any time additional modules are installed, giving you a solid foundation for financial accountability.
Flexibility and Choice: On-Premise or Online Solutions with Sage
Sage Fund Accounting is offered as an on-premise application or fully managed hosted solution - it's your choice. Hosting with Sage allows you and your team access to your application and data from anywhere via the internet, while alleviating IT burdens from your staff. Your data is secure, backed-up, and monitored, with guaranteed Service-Level Agreements (SLAs). With no need to deploy or maintain a server, hosting lowers your total cost of ownership, while increasing accessibility and flexibility of Sage Fund Accounting. No matter which you choose, Sage Professional Services and Certified Business Partners are there every step of the way to help your organization get up and running quickly and efficiently.
Contact WAC Consulting Group to discuss not-for-profit-accounting software solutions.


















