US Fund Accounting
Fund / restricted-net-asset accounting for US nonprofits (FASB ASC 958 / ASU 2016-14)
Fund / restricted-net-asset accounting for US nonprofits (FASB ASC 958 / ASU 2016-14)
Key Features
Chart of funds with per-fund GL account mapping
Chart of funds with per-fund GL account mapping and live net-asset balances by class.
Donor contributions that post real, balanced journal entries
Donor contributions that post real, balanced journal entries tagged with fund + net-asset class.
Net-asset release from restriction workflow that posts a
Net-asset release from restriction workflow that posts a genuine reclassification entry which nets to zero across classes.
ASU 2016-14 Statement of Activities (revenue / expense
ASU 2016-14 Statement of Activities (revenue / expense / release by class, total column with the reclassification cancelling to zero).
Net-asset roll-forward analytic view per fund and class
Net-asset roll-forward analytic view per fund and class.
Fund + net-asset-class tagging available directly on any
Fund + net-asset-class tagging available directly on any journal item.
Screenshots
Contributions
Funds
Releases From Restriction
Statement Of Activities
Why Choose This Module
Track resources by fund (General, Building, Scholarship, Endowment ...) and by the two ASU 2016-14 net-asset classes - without donor restrictions and with donor restrictions - with purpose/time sub-classification.
Specifications
- Compatible: Odoo 18.0 / 19.0
- License: OPL-1
- Languages: English
- Author: Pokutsoft
- Dependencies: account
- Support: support@pokutsoft.com
Update date: 2026-07-02