ACS Financials
6.5#43 in accounting softwareWebWindows
Visit| Fact | ACS Financials | MoneyMinder |
|---|---|---|
| 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 |
| Founded | 1978 | 2003 |
| Integrations | General Ledger interfaces with other financial modules and optionally with ACS Contributions and HeadMaster, and supports a Microsoft Excel interface. | MoneyMinder connects with more than 12,000 banks and supports PayPal, Square, Stripe, and Venmo; other bank transactions can be imported from OFX, QFX, or QBO files. |
| Purpose | ACS Financials is a double-entry accounting system designed for churches that adheres to nonprofit accounting standards. | MoneyMinder provides bookkeeping and financial management for nonprofits, volunteer treasurers, and small groups. |
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.
MoneyMinder suits organizations that need bookkeeping and budgets organized by fund. It may be especially relevant to groups tracking grants or restricted funds and producing financial reports.