Fund Accounting Overview

Fund Accounting Workbench Introduction

The Invision™ Fund Accounting Workbench is powered by nearly 30 years of experience in the local government marketplace combined with contemporary technology yielding a complete system that is not only right for today, but is committed towards staying competitive in the future.

The world of running a local government is interdependent and you need a system that can keep pace.  That's why we designed Invision™ with so many ways to share data between modules.  The Fund Accounting system is not only a powerful product by itself, but when you combine it with optional modules such as Budgeting, Encumbrance Accounting, General Ledger and the rest of the Invision™ system; you have a single-source solution for your local government.

Fund Accounting Workbench Features

• Advanced Inquiry System

• Nested drill-down features from account, to detail, to payroll detail

• Appropriation and GL Account lookup from data input and inquiry screens

• Blanket PO capability

• Add lines to existing PO

• Direct Entry – Pull down type list

• Direct Entry – Detail on screen

• Cash or Accrual Accounting

• Accounts Payable Sub-System

• On-line access to mission critical data

• Budget to Actual reporting

• Integrated multi-fiscal years

• Complete read-only capabilities

• Bank reconciliation

• Automated month/year end procedures

• 1099 processing

• On-line access to expenditures for current year and past two years

• Automatic due to/due from entries

• Integrated Inventory System

• Integrated to General Ledger

• Reporting

• Open Invoice Reports

• Cash Requirements Reports

• Expense/Revenue Control Reports

• Cash Flow Analysis

• Budgeting

• Separate budget masters automatically created from appropriation masters

• Worksheet and final report formats

• Interactive with current year data

• Multi-step budget cycle processing