Since 1980, GMS, Inc. (Grants Management Systems) has designed specialized software with a demonstrated record of success for nonprofit and public organizations throughout the United States. For over 30 years GMS has successfully implemented accounting and revolving loan systems for grant and contract recipients and continues to provide support long after the initial implementation of these systems, setting us apart from our competitors.
Our clients will tell you, GMS has a clear understanding of their distinct accounting and financial reporting needs.
The GMS Accounting and Financial Management Reporting System is not a traditional commercial accounting or government fund package adapted for nonprofit use. Our software is designed, from the ground up, to meet the highly specialized requirements of nonprofit and public organizations accounting for contracts and grants or by program activity.
GMS integrates accounting for multiple fiscal periods, funding sources, and costing of services and functions. GMS provides an alternative to fund accounting by replacing unnecessary separation with entity-wide financial management over restricted and unrestricted contributions. GMS meets requirements of GAAP, IRS 990 reporting, Health and Welfare standards, grant and contract administration, and Federal Cost Principles. GMS enhances reporting under FASB Statements 116 and 117 and builds integrity into grant, contract, and functional accounting.
We recognize the successful operation of an effective, efficient financial system requires more than simply implementing the software. For that reason GMS provides comprehensive, flexible support including telephone support service from 8:30 am until 5:00 pm eastern time Monday through Friday. In addition, we provide a Service Chat room where GMS service and support specialists are available 8:00 am until 4:30 pm Monday, Tuesday, Thursday and Friday to provide quick answers to less difficult questions or requests for assistance.
The GMS service and support specialists are familiar with nonprofit accounting and financial reporting requirements in addition to their extensive and vast knowledge of the operation of the GMS system.
