NetSuite NFP Software Solution
NetSuite NFP is a software solution for Non-Profit (NFP), also referred to as Not-for-Profit (NFP). Elevate, optimize, and automate Non-Profit (NFP) business area in a single, integrated, secure, flexible, and powerful cloud business software solution with NetSuite NFP. NetSuite NFP provides the essential platform and comprehensive tools to achieve high quality, united, productive, profitable, and scalable Non-Profit (NFP) business area with reduced operational expenses. NetSuite NFP enables real-time accurate visibility, insightful analytics, and actionable forecasts to measure Non-Profit (NFP) business area success. NetSuite NFP supports most currencies, languages, industries, models, areas, processes, and departments. NetSuite NFP is available for United States, United Kingdom, Australia, and New Zealand.
To help you better understand NetSuite NFP description, features, and functionality, our NetSuite NFP certified & authorized consultants will discuss:
NetSuite NFP (Non-Profit) NetSuite NFP (Non-Profit) Accounting NetSuite NFP (Non-Profit) Editions NetSuite NFP (Non-Profit) Custom Segments NetSuite NFP (Non-Profit) Restriction Custom Segment NetSuite NFP (Non-Profit) Time Restriction Custom Segment NetSuite NFP (Non-Profit) Region Custom Segment NetSuite NFP (Non-Profit) Program Custom Segment NetSuite NFP (Non-Profit) Grant Custom Segment NetSuite NFP (Non-Profit) Revenue Type Custom Segment NetSuite NFP (Non-Profit) Revenue Subtype Custom Segment NetSuite NFP (Non-Profit) Functional Expense Custom Segment NetSuite NFP (Non-Profit) Segment Codes NetSuite NFP (Non-Profit) Constituent Relationship Management NetSuite NFP (Non-Profit) Constituents NetSuite NFP (Non-Profit) Households NetSuite NFP (Non-Profit) Soft Credits NetSuite NFP (Non-Profit) Contribution Types NetSuite NFP (Non-Profit) Grants NetSuite NFP (Non-Profit) Grant Milestones NetSuite NFP (Non-Profit) Indirect Cost Allocation for Grants NetSuite NFP (Non-Profit) Pledges NetSuite NFP (Non-Profit) Donations NetSuite NFP (Non-Profit) Online Donations NetSuite NFP (Non-Profit) Restrictions NetSuite NFP (Non-Profit) Grant or Pledge Write-Off NetSuite NFP (Non-Profit) Merchandise Sales Contact Suite Certified to request NetSuite NFP software solution. Contact Suite Certified to request NetSuite certified & authorized solutions.
NetSuite NFP (Non-Profit)
NetSuite NFP is a software solution for Non-Profit (NFP), also referred to as Not-for-Profit (NFP), including non-profit accounting, editions, custom segments, restriction custom segment, time restriction custom segment, region custom segment, program custom segment, grant custom segment, revenue type custom segment, revenue subtype custom segment, functional expense custom segment, segment codes, constituent relationship management, constituents, households, soft credits, contribution types, grants, grant milestones, indirect cost allocation for grants, pledges, donations, online donations, restrictions, grant or pledge write-off, and merchandise sales. Non-Profit (nonprofit) organizations can use NetSuite NFP for non-profit relationship management, fundraising management, accounting, and reporting.
Contact Suite Certified to request NetSuite NFP (Non-Profit) software solution.
NetSuite NFP (Non-Profit) Accounting
NetSuite NFP (Non-Profit) Accounting is the process of recording, reporting, and planning the finances of a non-profit organization. Non-Profit accounting includes fund accounting, financial statements, and compliance. Fund accounting allows non-profit organizations to track restricted and unrestricted funds, and ensure that contributions are spent appropriately.
Contact Suite Certified to request NetSuite NFP (Non-Profit) accounting.
NetSuite NFP (Non-Profit) Editions
NetSuite NFP (Non-Profit) Editions include NetSuite Social Impact Donation Edition, NetSuite Social Impact Starter Edition, and NetSuite Social Impact Standard Edition.
Contact Suite Certified to request NetSuite NFP (Non-Profit) editions.
NetSuite NFP (Non-Profit) Custom Segments
NetSuite NFP (Non-Profit) Custom Segments are custom classification fields that can be set on various records. Custom segments are available as fields or columns on line items when creating grant opportunities, pledge orders, donation cash sales, and other transactions. Applicable custom segments include Restriction, Time Restriction, Region, Program, Grant, Revenue Type, Revenue Subtype, and Functional Expense.
Contact Suite Certified to request NetSuite NFP (Non-Profit) custom segments.
NetSuite NFP (Non-Profit) Restriction Custom Segment
NetSuite NFP (Non-Profit) Restriction Custom Segment allows for contributions to be tagged as restricted by the donor, and for management of the release of restricted funds.
Contact Suite Certified to request NetSuite NFP (Non-Profit) restriction custom segment.
NetSuite NFP (Non-Profit) Time Restriction Custom Segment
NetSuite NFP (Non-Profit) Time Restriction Custom Segment allows for contributions to be tagged as restricted by the donor for use in a future year. For example, multiyear grant funding.
Contact Suite Certified to request NetSuite NFP (Non-Profit) time restriction custom segment.
NetSuite NFP (Non-Profit) Region Custom Segment
NetSuite NFP (Non-Profit) Region Custom Segment allows for contributions to be tagged as restricted by the donor for use in specific region or geographical area, and on expense transactions to tag the region for the expense incurred.
Contact Suite Certified to request NetSuite NFP (Non-Profit) region custom segment.
NetSuite NFP (Non-Profit) Program Custom Segment
NetSuite NFP (Non-Profit) Program Custom Segment enables program management. On revenue transactions, the program can identify the purpose of a restriction placed by the donor. On expense transactions, the program can identify the purpose for the expense incurred.
Contact Suite Certified to request NetSuite NFP (Non-Profit) program custom segment.
NetSuite NFP (Non-Profit) Grant Custom Segment
NetSuite NFP (Non-Profit) Grant Custom Segment enables grant management to track revenue and expenses for grants.
Contact Suite Certified to request NetSuite NFP (Non-Profit) grant custom segment.
NetSuite NFP (Non-Profit) Revenue Type Custom Segment
NetSuite NFP (Non-Profit) Revenue Type Custom Segment allows for revenue transactions to be tagged as revenue types, such as grants, pledges, and donations.
Contact Suite Certified to request NetSuite NFP (Non-Profit) revenue type custom segment.
NetSuite NFP (Non-Profit) Revenue Subtype Custom Segment
NetSuite NFP (Non-Profit) Revenue Subtype Custom Segment allows for revenue transactions to be additionally tagged as revenue subtypes.
Contact Suite Certified to request NetSuite NFP (Non-Profit) revenue subtype custom segment.
NetSuite NFP (Non-Profit) Functional Expense Custom Segment
NetSuite NFP (Non-Profit) Functional Expense Custom Segment allows for expense transactions to be tagged for the purpose of the expense.
Contact Suite Certified to request NetSuite NFP (Non-Profit) functional expense custom segment.
NetSuite NFP (Non-Profit) Segment Codes
NetSuite NFP (Non-Profit) Segment Codes define the valid combinations of custom segments and standard segments that can be set on various records. On a transaction, when a segment code is selected for a line item, the values in custom segment fields and standard segment fields are sourced from the segment code record.
Contact Suite Certified to request NetSuite NFP (Non-Profit) segment codes.
NetSuite NFP (Non-Profit) Constituent Relationship Management
NetSuite NFP (Non-Profit) Constituent Relationship Management is used to track relationships between different constituents and aggregate the information of all the constituents of a family using households. Constituent Relationship Management feature includes constituents, households, and soft credits.
Contact Suite Certified to request NetSuite NFP (Non-Profit) constituent relationship management.
NetSuite NFP (Non-Profit) Constituents
NetSuite NFP (Non-Profit) Constituents relationship provides the ability to create, link, and track relationships between different constituents, tag constituents with a relationship type, and activate and deactivate relationships manually or based on date range. Constituents can be individuals or organizations. Constituent relationships can be between individuals or between individuals and organizations.
Contact Suite Certified to request NetSuite NFP (Non-Profit) constituents.
NetSuite NFP (Non-Profit) Households
NetSuite NFP (Non-Profit) Households feature provides the ability to aggregate the information of all the constituent individuals of a family. A household has one primary member. A spouse or partner, multiple children, and other members can be added to a household.
Contact Suite Certified to request NetSuite NFP (Non-Profit) households.
NetSuite NFP (Non-Profit) Soft Credits
NetSuite NFP (Non-Profit) Soft Credits feature provides the ability to recognize constituents who participated in a contribution. With soft credits, multiple constituents can be given credit for a contribution.
Contact Suite Certified to request NetSuite NFP (Non-Profit) soft credits.
NetSuite NFP (Non-Profit) Contribution Types
NetSuite NFP (Non-Profit) Contribution Types include grant, pledge, and donation.
Contact Suite Certified to request NetSuite NFP (Non-Profit) contribution types.
NetSuite NFP (Non-Profit) Grants
NetSuite NFP (Non-Profit) Grants feature supports contribution grants and cost reimbursable grants (exchange agreements). A grant opportunity can be created to record a grant when it is in the proposal stage. A grant opportunity can be converted to a pledge order (sales order) or invoice. For contribution grants, the revenue is booked when the grant is awarded. For cost reimbursable grants (exchange agreements), the invoices are generated according to the agreement to bill the actual time and expenses.
Contact Suite Certified to request NetSuite NFP (Non-Profit) grants.
NetSuite NFP (Non-Profit) Grant Milestones
NetSuite NFP (Non-Profit) Grant Milestones track the milestones for grants, such as approval or reporting deadlines. Grant milestones enable compliance with grant terms and conditions.
Contact Suite Certified to request NetSuite NFP (Non-Profit) grant milestones.
NetSuite NFP (Non-Profit) Indirect Cost Allocation for Grants
NetSuite NFP (Non-Profit) Indirect Cost Allocation for Grants enables non-profit organizations to recover indirect costs incurred from grants according to agreements. Non-Profit organizations can specify a provisional rate on a grant to calculate indirect costs using the total allowable direct costs incurred on a grant.
Contact Suite Certified to request NetSuite NFP (Non-Profit) indirect cost allocation for grants.
NetSuite NFP (Non-Profit) Pledges
NetSuite NFP (Non-Profit) Pledges feature supports unconditional pledges and conditional pledges. Pledges received from donors can be recorded by creating pledge orders (sales orders). A pledge order can be converted to an invoice, whereby the revenue is marked as a pledge receivable. Depending on the agreed-upon payment schedule, multiple invoices may need to be created for a single pledge order. An unconditional pledge is a promise to pay a specified amount by the due date. A conditional pledge is where the donor places a condition on the pledge, and one or more actions must be completed before pledge payments can begin. Track conditional pledges by adding tasks for the required actions, whereby the pledge order cannot be billed to an invoice until the tasks are completed.
Contact Suite Certified to request NetSuite NFP (Non-Profit) pledges.
NetSuite NFP (Non-Profit) Donations
NetSuite NFP (Non-Profit) Donations received from donors can be recorded by creating cash sales.
Contact Suite Certified to request NetSuite NFP (Non-Profit) donations.
NetSuite NFP (Non-Profit) Online Donations
NetSuite NFP (Non-Profit) Online Donations enable non-profit organizations to capture one-time, anonymous, and recurring donations from a website. Online donations include a configurable and customizable HTML online donation website page that can be integrated into an existing website. When a donor submits a donation from the website, an online donation transaction and donation receipt are generated. Online donations use payment link feature to receive online donation payments and enable donors to track online donations using the customer center.
Contact Suite Certified to request NetSuite NFP (Non-Profit) online donations.
NetSuite NFP (Non-Profit) Restrictions
NetSuite NFP (Non-Profit) Restrictions can be set by donors on contributions (grants, pledges, donations). After the restrictions have been satisfied, the revenue can be released from restriction by creating a Release from Restriction custom transaction for the amount.
Contact Suite Certified to request NetSuite NFP (Non-Profit) restrictions.
NetSuite NFP (Non-Profit) Grant or Pledge Write-Off
NetSuite NFP (Non-Profit) Grant or Pledge Write-Off enables the write-off of a grant or pledge, if a donor did not pay, by creating a Receivable Write-off custom transaction for the amount to remove the overdue grant or pledge receivable.
Contact Suite Certified to request NetSuite NFP (Non-Profit) grant or pledge write-off.
NetSuite NFP (Non-Profit) Merchandise Sales
NetSuite NFP (Non-Profit) Merchandise Sales revenue can be recorded by creating cash sales.
Contact Suite Certified to request NetSuite NFP (Non-Profit) merchandise sales.
Suite Certified is a renowned NetSuite NFP solution provider for companies and organizations around the world, Certified & Authorized by Oracle NetSuite, with extensive subject matter expertise in both functional and technical NetSuite. Suite Certified earned all NetSuite Certifications & Authorizations, including 10 NetSuite Certifications and 2 NetSuite Authorizations, while acquiring 25 years of experience with NetSuite. Suite Certified is NetSuite certified & authorized, skilled, and experienced to implement all business requirements, from the most basic to the most complex, in NetSuite NFP to ensure NetSuite NFP is a business asset for your company or organization. Suite Certified is NetSuite certified & authorized, skilled, and experienced with all NetSuite NFP features and functionality.
If you believe your company or organization can benefit from NetSuite NFP, we invite you to Contact Suite Certified.