Full-stack finance management in Wild Apricot
Add a managing finances overall the organization...
I mean not only membership and event payments but overheads and all clerical /admin chores... because all of that still lives in Excel :(
Planned growth for coming years, etc...
Thanks for comments, Stuart.
I completely share your thoughts on WA focus. At the moment we have no plans for full-stack accounting in WA, but this is what some of our customers ask for — that's how this thread appeared.
Oleg, Product Designer @ Payments team
Stuart McClain commented
if you are talking about accounting - I think that is better left to QuickBooks, Xero or other accounting software - direct export of financial transactions/receipts/invoices from WildApricot to QuickBooks/Xero - I think is all that is needed.
if WA focuses on adding that functionality I feel it would detract from the core features/functionality of membership and the website features. This other functionality already exists in fully developed applications
Thanks for sharing, Edgar.
I've renamed suggestion to be more self-explaining. Meanwhile, could you please elaborate to what kind of detail do you want to keep accounting in WA? E.g. what overheads to record, or what chores do you want to automate?
Oleg, Product Designer @ Wild Apricot
Please add the ability for a small association to track all finances and generate basic financial statements. Many small associations are supported by membership dues primarily and your system already allows memberships and payments. These payments could flow directly to the financial statements. Give an option for the accounting type - cash or accrual - which determines when and how the income transactions are recorded. This would provide an all in one suite for small associations - web design, membership/contact management and communications, events and finances.