Financial Edge NXT: Deep dive – Advanced Allocations and Automated Accounting
You have expenses sitting in an account and project, waiting for some other transactions before you can reallocate these balances in preparation for financial statement presentation. If you have 100, 300, 2000 projects, that can be a lot of data entry, potential mistakes in Excel, etc. In this session, we will talk about what we are planning for Allocations in NXT 2.0 and how letting FE make decisions for you based on rules you configure will make automatic journal entries for you with a minimum of data entry.
Arts & Cultural Organizations, Companies, Education Institutions, Faith Communities, Foundations, Healthcare, Higher Education, Individual Change Agents, K-12 Schools, Nonprofit Organizations
Accounting Staff, Controller, Director of Finance/CFO, Program Management/Service Delivery
Financial Management, Organizational & Program Management