Finance Co-ordinator: The Data Developments Product You Surely Need

Managing finances is tough especially when you’ve got to take care of really lengthy ones – it is not just time consuming but also difficult because chances of making the mistakes is huge. However, with a finance management system the things about management of finances will barely reduce to nothing at all. 

Data Developments range of charity management products has the Finance Co-ordinator, one of the best products that you can use for complete and efficient finance management. Here are the details of the product. 

About Finance Co-ordinator

Finance Co-ordinator is a double entry fund accounting package that has been designed to manage the accounts for churches and charities as required by the Charity Commission. It has a selection of pre-designed account structures for various different denominations and organisations throughout the UK, based on both Receipts and Payments and Pre-payments and Accruals systems. Finance Co-ordinator easily handles funds, budgets, cost centres, standing orders, debtors and creditors, journal entry transactions and bank reconciliation. 

Here are the Features You Need to Know about the Product

• Robust audit system maintained
• Import transactions from Donations Co-ordinator easily
• Edit and void transactions at the click of a button
• The automatic reversal facility makes entering adjustments and refunds simple
• Produce detailed budget reports displaying actual against budget with variance
• Record budgets for this year and next year for each of your income and expenditure accounts and your funds

About Data Developments 

Data Developments has been writing and developing software for Churches and Charities for over 30 years now. The software are specially created by experts to help people with little or no accounting, Gift Aid or administrative expertise to become competent with minimal effort.

At Data Developments all software packages include 90 days free support, a start-up guide (PDF), a manual (PDF) and an online help facility. The cost of the Finance Co-ordinator software is £179.00; it is a long term investment that charities would never hesitate to make since the product would make their finance management easy and quick.

Why Charity Management Software Plays an Important Role for Churches?

If someone faces the most problems of fund management it is the churches because manually handling all the donations is really tough. Whatever be the amount of donation made what is important is to efficiently manage it which can be done only by using the right charity management software. 

About Charity Management Software 

Charity Management Software is the system that is used to efficiently manage the records and funds of the church and nonprofits in such a way that the details of the transactions are always handy. 

Here are some convincing reasons why churches must choose charity management software:

1. Efficient Fund Management: Fund management is supposedly the most important role of the management software. With the use of the fund management software the churches will no longer need to employ someone to specifically manage their records. The fund management software will ensure that the records are maintained perfectly and that the details of all transactions are always available in record. 
2. Event Tracking: Churches and nonprofits tend to organize vents from time to time; therefore event tracking can sometimes be a problem that they are facing. However, with the management software the events can be properly tracked and send outs of the event can be shared in a proper and timely manner, thus leading to an efficient event management. 
3. Managing the Attendance of the Visitors: Manually maintaining the attendance and records of all the visitors to the church and non profits can be extremely difficult, but with the management software the attendance of the visitors is maintained in the most effective manner. Other than just maintaining the attendance the software will also help you keep a track of your old visitors and if they haven’t visited your church for a long time the software might as well be used to send in some invites. 

The three points mentioned above are some of the most convincing reasons why churches must choose a management system.