ACS Financials
6.5#43 in accounting softwareWebWindows
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| Fact | ACS Financials | Grain Ledger |
|---|---|---|
| Audit trail | ACS states that correcting a posted expense requires a journal entry, creating an audit trail, and that its controls cannot be altered. | Yes |
| Financial reports | General Ledger creates balance sheets, income and expense statements, budget reports, and customizable reports. | It provides balance sheets, statements of activities, cash-flow statements and fund-balance reports with drill-down to journal entries. |
| Fund accounting | The accounting tools let churches build a general ledger to match their funds and ministries. | The ledger tracks restricted and unrestricted funds with nonprofit net-asset classification. |
| Integrations | General Ledger interfaces with other financial modules and optionally with ACS Contributions and HeadMaster, and supports a Microsoft Excel interface. | Available integrations listed by Grain include Planning Center, Pushpay, OnlineGiving.org, Rock RMS, Subsplash, Ramp, Bill.com or Divvy and Plaid. |
| Payroll | ACS Payroll handles church and pastor-specific payroll needs, including housing allowances, multiple cost centers, direct deposits, and leave tracking. | Grain Payroll advertises fund allocation, mobile time clocks, approvals, direct deposit and federal and state filings. |
| Purpose | ACS Financials is a double-entry accounting system designed for churches that adheres to nonprofit accounting standards. | Grain Ledger is cloud-based church accounting software built around fund accounting. |
ACS Financials suits churches and nonprofit organizations that need fund accounting, budgeting, and financial reporting. ACS particularly describes its reporting and data storage as suited to medium, large, and mega-sized churches.
Grain Ledger suits churches that need fund accounting, donation records, and financial reporting. Starter is sized for churches with up to $20k in monthly expenses; larger needs may fit its paid plans.