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ASC 606 & Revenue Recognition Update for Nonprofits

Romy Andrews - Sunday, January 07, 2018

Is Your Nonprofit Ready for ASC 606?

The transition to ASC 606 for nonprofits is here for some and looms on the horizon for others. Are you ready? Can your accounting software handle the new revenue recognition requirements?

For nonprofits to be fully prepared, it's important to know the following, as covered in this blog:

  • Effective dates
  • Understanding new revenue recognition rules
  • Determining if you have the right accounting software to handle revenue recognition requirements
 

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AP Connect for a Seamless Bridge to Wells Fargo Payment Manager

Romy Andrews - Thursday, January 04, 2018

Dynamics GP & Wells Fargo Payment Manager Align With AP Connect

A few years ago, one of our clients came to us with a challenge. The client was using Microsoft Dynamics GP ERP software, and needed to send payment files to Wells Fargo's Payment Manager.

While Payment Manager is a popular service that allows clients to send large batches of AP files to Wells Fargo for payment processing, the system has a complicated file format that makes it difficult to get the data out of GP into a format that can be uploaded to the Wells Fargo website.

When our consultant tried to make it work with some out-of-the-box software, it turned out to be too big a task.

It was passed to our development team, who, we are proud to say, has a pretty rare mix of programming knowledge. The result was AP Connect – a cost-effective, easy-to-use solution built directly into Microsoft Dynamics GP, so no external applications or integrations are required.

 

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Sage Intacct Advantage: Highlights for Prospective Customers in 2018

Romy Andrews - Wednesday, January 03, 2018

by Saeward Schillaci, The Resource Group

Sage-Intacct-highlights“It is still our aspiration, in everything we do, that we’re going to be the best in the world.” – Tom Jurasek, Director of Product Management, speaking at Sage Intacct Advantage 2017

 

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