The ACS Financial Suite enables organizations to manage financial information quicker and more efficiently. The Financial Suite is specifically designed for non-profit organizations, but customizable for all types of organizations. All reports in ACS Financial Suite are FASB 116 and 117 compliant and fall under Generally Accepted Accounting Principles.
The ACS Getting Started Guide is your first stop for customizing ACS Financial Suite to meet your church or organization's needs. In the guide, you can learn about system requirements, setting up user accounts, working with datasets and utilities, and much more.
In the Users and Security area, you can read about setting up ACS user accounts, setting up security templates, granting permissions to various areas of ACS People and Financial Suites, deleting and deactivating ACS user accounts, and resetting user logins.
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The Modules of ACS Financial Suite
General Ledger provides financial record keeping and report functions based on the needs of non-profit organizations. The module provides for all regular accounts and restricted funds that are neither income nor expense to the church, but have been designated for a specific use.
Accounts Payable tracks vendor information, prints checks, and posts to the General Ledger automatically on either a cash or an accrual basis. This module also tracks and prints 1099s.
Purchase Orders issues, prints, and tracks purchase orders through completion. When you receive purchase orders, you can create an invoice in the Accounts Payable module from the purchase order. Purchase Orders do not post to the General Ledger, but you can include encumbered amounts in General Ledger reports.
Accounts Receivable tracks customer information, prints invoices and statements, and automatically posts to the General Ledger on either a cash or an accrual basis. The Accounts Receivable module is most often used for a church day care, Mother’s Day Out program, or school.
Payroll tracks employee information, prints payroll checks, and posts to the General Ledger automatically. This module also tracks and prints W2s and 941s.
Fixed Assets tracks buildings, equipment, and vehicles, including maintenance records. ACS Financials can also calculate depreciation, either monthly or yearly, and post depreciation to the General Ledger.
Contributions tracks contributor information and prints statements and charitable contributions reports. Although the Contributions module is a part of ACS People Suite, it interfaces with the General Ledger and posts to it.
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