Accounting Solutions

Financial management is vital to any organization, however associations face a particularly complex set of challenges. The accounting requirements of a membership organization are best-served by a software package designed specifically for an association If you already have a third party accounting package, it must be seamlessly integrated with your association management software.

Association-specific accounting packages will include General Ledger, Accounts Payable, Purchase Orders, Fixed Assets and user-defined Financial Statements modules that offer the following capabilities:

• Separation of funds
• Financial reports
  
• Detailed vendor history
  
• General Ledger journal entries
  
• Hand and auto check generation capability
  
• Month to date and year to date account detail
• Recurring entries
  
• User defined financial statement formats
• 1099s
  
• Fixed assets

Particularly during challenging economic times, strong, proactive management provides an essential competitive edge. Up to the moment financial reports provide management with the information needed for decision-making. The right software minimizes human-error, reduces costs and may even help highlight new opportunities for increasing revenue.

Discover how ISSI’s APak provides association executives the tools to more effectively manage all aspects of the membership organization finances.