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GMS Accounting and Financial Management Reporting System

Overview

GMS Accounting and Financial Management Reporting System 2026: Benefits, Features & Pricing

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On this page
  • Overview
  • Pricing and Plans
  • Features
  • User Reviews

Overview

GMS Accounting and Financial Management Reporting System
GMS Accounting and Financial Management Reporting System
4.8
(5)

Pricing

Starting at $3,500.00 one time

About GMS Accounting and Financial Management Reporting System

Grant Management Systems (GMS) is an on-premise non-profit accounting and loan servicing solution that helps public organizations and non-profits to manage their accounting operations and handle loan programs.

GMS contains functionalities for project and fund accounting, billing and invoicing, budgeting and forecasting and payroll management. GMS helps users by automating cost allocation issues from common and administrative costs, to indirect and leave costs. GMS provides users with multiple ways to comply with the office of management and budget (OMB) Circulars.

GMS maintains different types of budgets that include program, indirect cost, fringe benefits, YTD timesheets and an agency-wide budget. GMS also offers add-ons such as purchase orders, fixed assets, report writer and more. Reporting satisfies the criteria for state and federal audit standards and complies with FASB 116 and 117 requirements.

Services are offered on a monthly subscription basis after an initial one-time fee that includes support via phone, email and other online resources.

GMS Accounting and Financial Management Reporting System Screenshots

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GMS Accounting and Financial Management Reporting System Pricing and Plans

Starting price: $3,500.00 one time
Free Trial
Free Version

Basic

$3,500.00

flat rate, one time

No plan information available

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    GMS Accounting and Financial Management Reporting System Features

    • Popular features found in Grant Management
      Applicant Tracking
      Collaboration Tools
      Contract/License Management
      Document Review
      Due Date Tracking
      Financial Reporting
      Grant Discovery
      Payment Tracking
      Reporting & Statistics
    • More features of GMS Accounting and Financial Management Reporting System
      Accounting
      Accounts Payable
      Accounts Receivable
      Bank Reconciliation
      Billing & Invoicing
      Budgeting/Forecasting
      Compliance Management
      Expense Tracking
      Financial Management
      Fixed Asset Management
      Forecasting
      Fund Accounting
      General Ledger
      Grant Award Tracking
      Payroll Management
      Project Accounting
      Purchase Order Management
      Tax Management
      Transaction Management

    GMS Accounting and Financial Management Reporting System User Reviews

    Overall Rating

    4.8

    Ratings Breakdown

    5

    80%

    4

    20%

    3

    0%

    2

    0%

    1

    0%

    Secondary Ratings

    Ease of Use

    4.6

    Value for money

    4.8

    Customer support

    4.8

    Functionality

    4.6

    Have you used GMS Accounting and Financial Management Reporting System and would like to share your experience with others?

    VR

    Verified
    Reviewer

    Used daily for more than 2 years

    Review source

    Reviewed February 2018

    Software meets all my agency needs with quality, ease and price.

    5

    Ratings Breakdown

    5
    Ease of use
    5
    Value for money
    5
    Customer support
    5
    Functionality
    icon
    Pros:
    Ease of use of all the software. Supplements you can purchase to make parts of GMS even easier. Also, their support service is wonderful. You can ask questions several ways and they always respond quickly and with a solution to question.

    Read More

    JL

    Jim L.

    Verified reviewer

    Non-Profit Organization Management

    201-500 employees

    Used daily for more than 2 years

    Review source

    Reviewed June 2020

    Long time user - 1987

    5

    Ratings Breakdown

    5
    Ease of use
    5
    Value for money
    5
    Customer support
    5
    Functionality
    icon
    Pros:
    GMS is unequaled in cost allocation, personnel reports, grant accounting for varying fiscal periods, and service. We
    Cons:
    We would like to see more HR applications such as advanced personnel records and electronic timesheets, We currently import timesheets into GMS. Works well but one system would be nice.

    Reasons for choosing GMS Accounting and Financial Management Reporting System

    See above

    Reasons for switching to GMS Accounting and Financial Management Reporting System

    MIP did not handle indirect costs and other cost allocation well. The reports were not what we wanted and payroll was bulky.

    Read More

    BC

    Bambo C.

    Verified reviewer

    Non-Profit Organization Management

    51-200 employees

    Used daily for more than 2 years

    Review source

    Reviewed April 2022

    GNS.Me

    4

    I have used GMS to manage a grant Porte folio and it gives perfect overview of the trip balance report - the BVA - and the creditor balance which can give you vendor l/ employee report and balance. The trial balance is a key element to prepare the IFRS.

    Ratings Breakdown

    4
    Ease of use
    4
    Value for money
    4
    Customer support
    4
    Functionality
    icon
    Pros:
    The flat reports for the bank reconciliations- the wizard tools available to make adjustments- the reports like trial balance, BVA and creditor Balance.
    Cons:
    GMS was at a point of time very slow and we suspected the volume of transactions could affect the speed of the system

    Reasons for switching to GMS Accounting and Financial Management Reporting System

    GNS system was finally too slow and we could not afford such delays in the process

    Read More

    AL

    Ashley L.

    Verified reviewer

    Government Administration

    Self-Employed

    Used daily for less than 2 years

    Review source

    Reviewed February 2018

    GMS Operations

    5

    Ratings Breakdown

    4
    Ease of use
    5
    Value for money
    5
    Customer support
    4
    Functionality
    icon
    Pros:
    Haven't had any trouble processing transactions through this company and their customer service is GREAT!
    Cons:
    I wish their website was a bit more user friendly but with a little trial and error, it's manageable to find out the info you need.

    Read More

    VV

    Van V.

    Government Administration

    51-200 employees

    Used daily for more than 2 years

    Review source

    Reviewed February 2018

    This is a great software for Non-profits and small governments

    5

    We use it for both payroll and accounts payable.

    Ratings Breakdown

    5
    Ease of use
    5
    Value for money
    5
    Customer support
    5
    Functionality
    icon
    Pros:
    The ease of setting up and using fund accounting. It does a great job of using indirect cost pool. The help desk has long term employees, most over 20 years with GMS.

    Read More

    Showing 1 - 5 of 5 Reviews

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