Frequently Asked Questions
Often asked questions about DENALI Nonprofit Accounting Software
Questions -- Nonprofit
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Question: Which FUND posting type should I use?
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Answer: DENALI Fund Accounting offers three ways to post. These different options offer choices on how the General Ledger (GL) financial reports (Income Statement, Balance Sheet, Trial Balance) display their amounts and totals.
Before the posting types available in Denali are explained, it’s important to understand what a fund is. A fund is a designator on the GL account structure that defines a program, a cost center, a funded program, etc. The fund number is either the prefix or suffix to the account structure. E.g., an asset account in Fund 01 may be 01-1000. Fund 01 will have an entire chart of accounts in its own right. Fund 01 will have asset, liability, equity, revenue, and expense accounts. There could also be Fund 02 in the General Ledger that has its own chart of accounts.
Each Fund is its own chart of accounts. This is a key point.
The next question might be how the funds will or will not post to other funds. This is where the three types of posting come in.
1. Restricted
Restricted posting means that each fund will not post across to other funds. In a posting routine, the debits and credits will post only within the fund. All business activity remains within the single fund. Therefore, the fund will be in balance in and of itself. The GL financials will reflect that the fund financial totals are balanced; debits equal credits.
Fund-01 Account Fund-01 Account
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DR $ | | CR $
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2. Unrestricted
Unrestricted posting means that one fund will post a debit while the credit posts to another fund. This allows activity to cross funds and implies that the GL financials run for individual funds will be out of balance. But when the financials are run to include all funds, the report will be balanced.
Fund-01 Account Fund-02 Account
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DR $ | | CR $
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3. Due To / Due From
Due to / due from posting is used only during cash disbursements from a general fund. Typically a general fund is in charge of the checkbook. When a payment is made for another fund, the cash disbursement posts across the funds and to a Due To / Due From transfer account in each fund. This keeps the funds in balance.
Fund-01 Account Fund-01 Due To Account
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DR $ | | CR $
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Fund-02 Account Fund-02 Due From Account
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| CR $ DR $ |
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Each posting type has its pros and cons. These differences might bring up discussions to help determine which posting style fits the needs for GL Financials in a specific business. The posting style used can be determined by answering one simple question: How does the management board want to review the GL financials? The answer to that question will determine the posting style to use in DENALI Fund Accounting.
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Last Updated: Wednesday, March 20, 2013
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Question: How much does Cougar Mountain cost?
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Answer: Currently we don't publish a pricing list online. What you can do is request a quote using our quote request form. Fill out the form and select which modules and functionality you need, and we will send you a quote.
Or give us a call! 800.390.7073
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Last Updated: Monday, December 17, 2012
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Question: Will DENALI grow with my organization?
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Answer: One of the bigger strengths of DENALI's nonprofit accounting software is its growth potential. Each module can stand on its own, so a small nonprofit organization may find they don't need all of the available accounting modules right away.
When they do need them, each can safely be added seamlessly to the system. Also the network configuration can be on a single machine, or spread out over many - and can also be reconfigured as you grow.
DENALI will actually operate fastest when it is configured in its native client / server configuration. So you can put the software across three computers so that all three have a single purpose; one for the client, one for the business application, and one for the database. The database is robust enough to handle almost unlimited amounts of data; millions of inventory items, millions of transactions, etc.
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Last Updated: Monday, December 17, 2012
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Question: Will DENALI work on my PC, on our network?
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Answer: The system requirements can be viewed here.
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Last Updated: Monday, December 17, 2012
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Question: Where can I find out more information about your Nonprofit Software?
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Answer: The best place to learn more is to first visit the nonprofit accounting software page. The page gives an overview of what you can expect and has links that should give you most of the information you need.
If you have more questions, we'd recommend you do one of the following:
- Call one of our Sales Associates and ask as many questions as you need: (800) 390-7073.
- Request an online demonstration. You can get a guided tour, or you can go alone. We'd recommend the guided tour, because it allows you to ask questions, is quick, and goes over the important areas.
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Last Updated: Monday, December 17, 2012
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Question: Will DENALI integrate with other programs?
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Answer: Import functionality is included in every module, but Customization services are also available for special business needs or situations. DENALI does not include an API.
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Last Updated: Monday, December 17, 2012
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Tags: nonprofit software, non profit, frequently asked questions
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