Using gWorks For Fund Accounting Management in a Government Setting is The Best Option for Small Municipalities
gWorks is a specialized software provider that offers tailored solutions for municipal governments. While QuickBooks is a widely used accounting software in many small municipal organizations, it may not fulfill all the requirements for effective fund accounting in the context of government operations. This missing functionality costs municipal clerks, city finance managers and other government and public works officials hours each day by requiring them to manage tedious, time-consuming tasks like double data entry, hunting for and reconciling documents across multiple systems, correcting errors and reconciling multiple disconnected reports. gWorks can help solve a lot of the problems that other solutions create. Here's 6 reasons using gWorks in a municipal government setting is the best choice for municipal governments:
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Fund Accounting Focus: gWorks software is designed with a specific emphasis on fund accounting, which is crucial for government entities. It provides dedicated features and modules to handle fund-based accounting requirements, such as tracking multiple funds, encumbrances, grants, budgets, and restricted funds. This ensures accurate financial management and compliance with governmental accounting standards.
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Government-Specific Functionality: gWorks software caters to the unique needs of municipal governments by offering features such as utility billing, property tax management, permitting, asset management, and work order tracking. These functionalities enable streamlined processes and comprehensive oversight, supporting efficient management of various aspects of government operations.
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Integration of Core Municipal Functions: Unlike QuickBooks, which primarily focuses on accounting, gWorks software integrates core municipal functions beyond accounting alone. It combines financial management with utility management, land management, asset tracking, and more, providing a unified platform for managing different aspects of local government operations. This integration eliminates the need for data entry across multiple systems and improves overall efficiency, saving city clerks and finance managers a lot of time.
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Compliance with Governmental Regulations: Municipalities must adhere to specific regulations and reporting requirements. gWorks software is designed to ensure compliance with governmental accounting standards, such as the Governmental Accounting Standards Board (GASB) guidelines. It facilitates accurate reporting, tracks fund balances, and supports the preparation of financial statements required for audits and regulatory compliance.
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Customization and Scalability: gWorks software offers customization options to meet the unique needs of different municipalities. It can be adapted to specific workflows, reporting requirements, and local ordinances. Additionally, the software provides scalability to accommodate the growth and evolving needs of a municipality over time, ensuring it remains relevant and useful as the town's needs change.
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Customer Support and Training: As a specialized software provider for municipal governments, gWorks typically offers dedicated customer support and training tailored to the specific needs of their clients. They provide assistance in implementing the software, training staff, and addressing any issues or questions that may arise. This ensures a smooth transition and ongoing support for municipalities using their software solutions, which can be very important during times of audits.
By eliminating the need for data entry into multiple systems, gWorks software offers several advantages over QuickBooks when it comes to managing municipal government operations. With its time saving focus, fund accounting for government-specific requirements, integration of core municipal functions, compliance with governmental regulations, customization options, and dedicated customer support, gWorks software provides a comprehensive solution for municipalities. This integrated solution is already helping thousands of small governments run their communities more efficiently while saving municipal clerks and finance managers hours of work.