GMS Accounting

GMS Accounting

GMS is an accounting software company that strives to bring the best solution to nonprofits. With this software, you have exclusive access to all the features that keep your business alive and thriving.

Nonprofits need to keep a close watch on where their money goes and how it’s spent. GMS makes it easy to track these key components with cash receipt entries, a general journal, document attachment, and accounts payable and receivable.

Though, not every nonprofit needs access to every accounting feature under the sun. Sometimes, only the basics will do, especially when you’re just starting out. Well, GMS has you covered there, too. With their stripped-down program, GMS General Ledger and Financial Reporting System, you get exactly what you pay for. You can monitor receipts, your journal, month-end reports, and budgeting among other things.

And of course, a successful nonprofit wouldn’t get very far without proper budget preparations. GMS allows users to maintain five kinds of budgets: product, indirect cost, fringe benefit, YTD timesheet, an agency wide. There’s nothing you can’t keep an eye on with the number of reports GMS actually provides for you. At the end of it all, you can also export all your information to share with team members or accountants.

More than anything, you can also monitor payroll. You can factor in a number of different things including employee timesheets, all of their information, and quarterly and end-of-year deductions. GMS also makes automatic deductions and calculates gross-to-net amounts. The software also features its own set of special functions, including tax-deferred payroll deductions, reimbursement of employee expenses, state and local tax reports, and labour distribution reports.

In regards to pricing, you’ll need to contact the company directly. It’s okay, though, because it’s easy to send them a request for a service call. Once you fill in some basic information like your name, company, contact information, and reason for contacting, they’ll get back to you and break down their pricing model.

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