Enhanced Financial Tracking With New Accounting Codes
Demosphere is streamlining the administrative process even further for administrators with the latest RosterPro® Registration System update.
Administrators are now able to track how much money has been received (grouped by code) during the accounting reconciliation process by creating and assigning Accounting Codes.
Once the Site Administrator has created their desired Accounting Codes and Descriptions, those codes can then be assigned to Programs and Fees – allowing organizations to track revenue by Accounting Code for reporting purposes.
Accounting Codes can be added to the Program level or to specific Seasonal Fees. The Accounting Code field for Seasonal Fees will default to the code assigned to the Program, unless otherwise set by the Administrator.
After the Accounting Codes are linked with the desired Programs and/or Seasonal Fees, Administrators can then take advantage of a new report, Accounting Report by Code.
The report displays the total amount of money attributed to each Accounting Code – including Donations, Volunteer Opt-Out Fees, Merchant Fees, Chargebacks and all other Accounting Codes setup by the Site Administrator – for a specific deposit date range.
For more information on how your organization can take advantage of the new Accounting Code feature, reference the Updates Log on the RosterPro® Registration System dashboard or contact Demosphere’s Support Team at support @ demosphere.com.