In order to match your budgeting and bookkeeping, Linseed can be configured with your own custom income accounts, cost centers / programs / quickbooks classes, bank accounts, and transaction types. Linseed will manage the list of "PRODUCTS" that you work with (tuition prices, fees, merchandise, etc.). Incoming TRANSACTIONS (donations and payments via cash, checks, credit cards, stock) are credited towards a donor household or an invoice or statement. TRANSACTIONS can be consolidated into bank DEPOSITS for streamlining information flow to Quickbooks and reconciling with your bank statement. Fundraising initiatives are managed through CAMPAIGNS and APPEALS. Linseed uses a tool called DECISIONS to manage institutional giving (grants) and major gifts (pledges). Finally employment CONTRACTS support the management of employees hiring dates, compensation rates, timesheets, and suggested payroll.
Any type of financial information can be quickly printed in a variety of formats or exported to Microsoft Excel. In addition there are many interactive financial management tools that help you analyze financial data.
