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Some of the powerful features available in Logos Accounting:

Hosted Software Solution

Logos Software Hosting is an option service that offers the power of our full-featured desktop applications with the ease and convenience of Internet access. From home or office or on-the-road, your staff and volunteers can efficiently work in Logos programs at times and places convenient to them. You can view, enter and update information, plus print reports, without having to install and maintain either the software or a sophisticated network.


True Fund Accounting

As a true Fund Accounting system, Logos makes it easy to define and track accounts for any restricted funds you wish to maintain in addition to your General Fund.


General Ledger

Logos GL is a powerfully complete, yet simple, double-entry system that lets you quickly set up and maintain efficient financial records for your organization.


Double-entry System

Double-entry allows you to balance your books as you record both where money came from or went to (Income or Expense accounts) and where the money is retained (Checking Account). Most routines within Logos automatically update the Checking Account(s), so that you only need to identify the appropriate Income or Expense account(s).


Flexible Chart of Account System

Easily enter or import your accounts, and edit, change, or delete them at any time. Use Logos' flexible structure to make your Chart of Accounts as simple or sophisticated as you need.


Multiple Checking Accounts

Keep multiple checking accounts and produce reports for each one, or use just one checking account and let Logos keep track of money for each fund/department.


Reporting Periods

Print reports for one or more reporting periods that may be different from (or the same as) the current accounting period.


Budgets

Create or import budgets (for the current year or succeeding years) and adjust them easily whenever needed.


Recurring Entries

Logos Accounting lets you define recurring entries, avoiding repetitive data entry for transctions that are the same or similar every week, month, quarter, etc.


Import Income Totals

Easily import income totals from Logos II Church/Donor Management or Logos School or other programs - and/or quickly enter deposits using the Deposit Assistant. (Logos II has the option to automatically post giving totals to General Ledger accounts at the same time it updates donor records. This provides a seamless "audit trail" for your financial entries.)


Journal Entries

Easily enter and edit journal entries using a clear and simple entry routine.


Smart Auto-Fill

Begin to type an account number or name, and Logos instantly advances to that account in the scroll list.


Keyboard Shortcuts

Logos provides keyboard shortcuts to speed your work, giving you the option of using your keyboard or mouse.


Line Item Distribution

Quickly distribute line items on a single deposit to multiple income accounts.


Auditable Books

Post transactions rapidly and without error into GL accounts. As soon as you post, your system is up-to-date and your entries are permanently stored, making your books truly auditable.


Out of Balance Resolution

Logos keeps you from posting if you are out of balance - and it helps you find and resolve the problem!


Automatic GL Account Updates

Instantly and automatically update GL accounts when AP and PR transactions are posted.


Bank Reconciliation

Quickly mark cleared checks and deposits, and enter adjustments in the Bank Reconciliation routine (which walks you through the steps to bring your books into agreement with your bank statement).


Real-Time Account Information

Check the up-to-the minute status of any account - including the most recent deposit or check written. No need to wait until a period ends to see where you are.


Quick and Easy Reporting

Produce any financial report in minutes - or less! And do it at any time!


Entire Organization Reporting

Run any report for individual accounts or groups of accounts, departments, funds, or for the entire organization.


Fund Balance Reports

Print Fund Balance reports to get a birds'-eye view (Beginning Balance, Debits, Credits and Ending Balance) of activity for restricted funds, data you cannot easily get from most generic accounting packages.


Budget Planning

Use Logos' Budget routines to simplify planning and budgeting for coming months or years, entering annual totals, then distributing the amount over any range of months. You can then easily adjust monthly amounts to project cash flow. And Budget Planning Reports give you a variety of tools to aid you in the budgeting process.


Comparison Reports

Quickly compare income and expense, current month with past months, this year with prior years, as well as actual performance with your budget.


Accounts Payable

Significantly reduce your time spent on paying bills, keeping track of invoices and updating General Ledger accounts. Whenever you desire, you can quickly find the amounts owed any or all vendors - and the total amount owed by a specific date.


Accrual and Cash Accounting

Logos Accounting provides both options to meet your organization's requirements.


Transaction Entry

Enter items easily and quickly, with your choice of whether to print a check for each vendor individually, print checks for selected vendors, or save your entries to process at a later time.


Flexibility

Select which invoices to pay on a vendor-by-vendor basis, by automatically selecting all invoices due by a selected date, or by choosing a specific checking account. You can also make a full or partial payment on any invoice, or reverse a transaction with a single keystroke, or retain an invoice for payment at a later date. You can even mark vendors to receive separate checks for each invoice, if desired.


Accommodate Hand Written Checks

Easily enter checks that were written by hand or paid electronically, updating accounts without risk of running duplicate checks.


Special Actions

Readily handle special actions, such as electronic fund transfers, voided or spoiled checks, and pre-paid (handwritten) checks.


Multiple AP Accounts

If set to Accrual, you may create multiple AP accounts, allowing you to monitor your open items by Department, Fund, or other criteria that you define.


AP Reports

Print a detailed report of all open items, showing each vendor and the amounts owed , print the Cash Requirement report to see up-to-date information on the amount needed to pay all invoices due by a selected date,print the Detailed Aging Report to see any amounts which are overdue and the total amounts owed, listed by length of time they are overdue, and more!


Payroll

Since payroll is often the largest expense for a church or school, efficient and reliable handling of this function is vital. Now you can easily analyze payroll costs for individuals and departments, as well as monitor earned time: vacation, sick pay, and/or personal time. And, Logos Payroll saves you both time and money compared to using a payroll service!


Withholding

Easily identify the GL accounts impacted by federal, state, and local withholding. Define withholding information on each employee, including those with ministerial exemptions. You can identify car and housing allowances for pastors.


Multiple Employee Definitions

Define both hourly and salaried, full-time and part-time employees, allowing variations in pay frequencies, overtime, bonuses, vacation, sick pay, and personal time off.


Direct Deposit

Employees who desire can be quickly set up for Direct Deposit, with the ability to distributeelectronic paychecks among multiple bank accounts (Checking, Savings, etc.).


Special Deductions

Define special deductions and earnings: worker compensation, insurance, expense allowances, charitable donations, loans, etc.


Fast Payroll Process

Quickly select and those for whom payroll checks are to print - from a single staff member or department to everyone!


Automatic Earning Calculation

a single keystroke automatically calculates all current earnings: salary, overtime, vacation, sick pay, deductions, and taxes.


Payroll Reports

At any time, print a Payroll Summary for any date or date range. You can also quickly print a Check Register, list of deductions, summary of earned time benefits, pension plans, health insurance, workers compensation, employee information, etc.


Electronic W2 Filing

Logos Accounting's Payroll module provides this optional Add On to accommodate organizations that need to electronically file W2 data.


Accounts Receivable

This optional module can be added to Logos Accounting to provide a highly flexible and efficient system for managing all phases of your receivables.


Asset Manager

Asset Manager is an add-on that allows you to easily keep track of all the physical assets that your organization owns.


Checks and Forms

You can easily print checks and tax forms through Logos' Print routines, and Logos provides numerous style choices to fit your organization, ordered directly through us and guaranteed to work with your Logos Programs.


User Reports

Logos Accounting User Reports combines the power of our Logos Accounting program with Microsoft's Excel ® spreadsheet program - a truly powerful financial reporting tool.


Edit Logos Accounting Reports

The purchase of Logos Accounting User Reports also allows you to modify most standard reports.


Security

Logos programs are password-protected, allowing the System Administrator to quickly assign each user a unique level of program access. Access levels can quickly be set to block a person from an entire module (Contributions, Payroll, etc.), one or more particular menus (Utilities), or specific routines on any menu. You can even limit access to all or selected tabs within Preferences and selected Data Entry routines.


Backup/Restore Data

Logos provides a quick, easy routine to safely backup data files as a protection against system problems. If it ever becomes necessary, the companion Restore routine quickly returns a backup into your active directory.


Automatic/Secure Offsite Backup Storage

You have the option to purchase our Logos Global Backup , which allows you to define a schedule for automatically backing up data, with the additional option to transmit the backups via the Internet to a secure server location - either your own or one managed for you by Logos.


Multiple Data Sets

Logos Accounting can handle an unlimited number of data sets, allowing you to manage separate 'children' organizations that fall under a 'parent' organization, right from one program.