Financials Module
Table of Contents
- Summary
- Business Value
- Key Concepts & Glossary
- Access & Availability
- Getting Started
- FAQ
- Features
- AI Assistant for Financials
- Version History
Summary
The Financials module is the financial backbone of FundiFI. It captures every dollar that moves through your organization—charges, payments, refunds—and gives you the tools to reconcile revenue, stay compliant, and report with confidence.
Business Value
- One Source of Financial Truth – See every Transaction in one place instead of juggling spreadsheets and bank statements.
- Faster Reconciliation – Built‑in fund accounting (revenue‑only) maps income to funds & revenue accounts automatically.
- Flexible Payment Processing – Bring your own Stripe account or activate FundiFI Payments powered by Stripe in minutes.
- Audit‑Ready Reports – Export clean Revenue, Journal Entry, and Trial Balance data directly to your accountant.
Key Concepts & Glossary
| Term | Definition |
|---|---|
| Transaction | Any financial entry—charges, payments, refunds—recorded in the system. |
| Invoice | A customer‑facing record showing line‑items (charges), payments, and balance due. |
| Charge | An amount owed, added to an Invoice. Generated automatically by workflows or manually. |
| Payment | Money received that reduces an Invoice balance. Card, ACH, cash, or check. |
| Refund | A negative payment that returns funds to the payer and re‑opens the Invoice balance. |
| Fund | A self‑balancing revenue bucket used in fund accounting to honor donor or program restrictions. |
| Revenue Account | The general‑ledger (GL) account that categorizes income for bookkeeping. |
| Journal Entry | A date‑stamped debit/credit record created for each Transaction to support accounting exports. |
Access & Availability
| Plan | Included Features |
|---|---|
| Starter | Transactions list, Invoice viewer, Revenue Summary & Detail reports, connect Stripe account |
| Pro | Everything in Starter plus Journal Entries & Trial Balance reports, multiple Funds & Revenue Accounts |
| Enterprise | Everything in Pro plus advanced permissions, audit logs, sandbox, and upcoming QuickBooks sync |
Getting Started
- Connect Your Payment Account → Settings → Payment → Connect Stripe (use your own credentials) or Enable FundiFI Payments.
- Understand the Invoice Flow → Review Charges vs Payments on any sample Invoice.
- Map Funds & Revenue Accounts → Settings → Accounting to ensure revenue posts to the right buckets.
- Run Your First Report → Financials → Reports → Revenue Summary for a quick health check.
Need a walkthrough? Watch the 4‑minute Financials Quick‑Start video.
FAQ
Can I accept ACH payments today?
ACH is on our Planned Roadmap; card payments and refunds are supported now.
Does FundiFI handle expense tracking?
Not yet—expense & budget tracking are planned for future releases.
Features
Current Features
Transactions List
Real‑time ledger of all Transactions with filters & exports.
Guide
Invoice Anatomy
Breakdown of headers, line‑items, taxes, payments, and statuses.
Charges & Payments
Create, apply, and refund charges & payments.
Guide
Fund Accounting (Revenue‑Only)
Allocate income to Funds & Revenue Accounts with automatic journal entries.
Set Up Payment Processing
Connect Stripe or activate FundiFI Payments in minutes.
Financial Reports
Four starter reports—Revenue Summary, Revenue Detail, Journal Entries, Trial Balance.
🔮 Coming Soon
🧪 ACH Payments
Accept low‑fee bank transfers at checkout.🚧 QuickBooks Online Integration
Sync journal entries & deposits directly into QBO.🗓️ Automated Reconciliation
Match bank deposits to Transactions automatically.🗓️ Expense & Budget Tracking
Record expenses, categorize spend, and monitor budget vs actual.Status Key: 🧪 beta | 🚧 in progress | 🗓️ planned | 💡 requested
AI Assistant (alpha)
What the AI Assistant can do with Financials
Note: The AI Assistant is currently available to early adopters as part of our Private Alpha release. Features may change without notice.
The Assistant can navigate the Financials UI, create payments, and surface reports on demand. Examples:
- Find an Invoice — "Open the invoice for Jane Doe dated May 1."
- Run a Report — "Show me the Revenue Detail for last quarter."
- Explain a Balance — "Why does Invoice #INV‑102 still show $50 due?"