Software project to aid accounting

Tania Mason

Charities with incomes of up to £2m may soon get an accounting software package designed specifically for their needs, thanks to a new project led by the Charity Finance Directors' Group.

CFDG is working with the Institute of Chartered Accountants and Citra on the project, which aims to identify vendors to produce software packages that meet the needs of smaller charities.

David Membrey, acting chief executive of the CFDG, said the most common enquiry from smaller charities to its ICT helpline was about where to find affordable, functional accounting software.

"Charities waste huge amounts of time manipulating figures because no package exists that contains the functionality they need to deal with things such as restricted funding and the Sorp," he said.

A spokeswoman for the ICT hub said the body would promote the initiative through its website.

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