Note: Support for Accounting for Nonprofits 6 ended December 31, 2007. Support for Student Billing 6 and Payroll 6 with The Financial Edge ended September 30, 2008. The Financial Edge, version 7 of our accounting software, is a benefit of your Blackbaud maintenance plan. We offer several customizable options to help you convert to The Financial Edge. Please contact your account manager.

The differences are:

Fund accounting (Nonprofit):  System is configured for FASB Not-For Profit reporting

Net asset class field on account records

Fund balance GL category

Net surplus/deficit

Funds tab in Configuration

Non-Fund accounting (For Profit):  System is not configured for FASB Not-For Profit reporting

No net asset class field on account records

Retained earnings GL category

Companies tab in Configuration