1. [Home](https://www.g2.com/) 2. ... 3. [Nonprofit Accounting Software](https://www.g2.com/categories/nonprofit-accounting-software) 4. [ShelbyNext Financials Discussions](https://www.g2.com/products/ministry-brands-holding-llc-shelbynext-financials/discuss) [ ![ShelbyNext Financials](https://images.g2crowd.com/uploads/product/image/large_detail/large_detail_2a826e004de130b4a3b2a9ee932afe2f/ministry-brands-shelbynext-financials.jpg "ShelbyNext Financials") ](/products/ministry-brands-holding-llc-shelbynext-financials/reviews) # ShelbyNext Financials Discussions ShelbyNext Financials is a cloud-based accounting solution tailored specifically for churches, ministries, non-profits, and denominational headquarters. This state-of-the-art software offers comprehensive financial management tools that ensure compliance with FASB 117 and GAAP standards, facilitating transparent and efficient financial operations for faith-based organizations. Key Features and Functionality: - General Ledger: Centralized control of income and expenses, providing a full set of standard reports and tools for creating custom reports. - Accounts Payable & Receivable: Automates transactions for better accuracy, allowing secure bill payments, management of credits and payments to vendors, and accurate tracking of payments received from various sources. - Payroll Processing: Manages all aspects of payroll, including gross wage computation, tax calculations, voluntary deductions, and printing payroll checks. It supports federal, state, and local tax settings, ensuring compliance with reporting requirements. - Bank Account Management: Electronically manages checkbooks, facilitating quick and accurate reconciliation of bank statements. - Fixed Assets Management: Allows users to catalog fixed assets, conduct periodic inventory, and create depreciation entries that update the General Ledger. - Purchasing Management: Streamlines the acquisition process by enabling the creation of purchase orders and establishing approval processes, ensuring smooth purchasing workflows. - Financial Reporting: Provides general ledger monthly standard reports along with an easy-to-use custom presentations report builder, offering drill-down functionality back to a single application entry. Primary Value and Solutions Provided: ShelbyNext Financials addresses the unique financial management needs of faith-based organizations by offering a comprehensive, cloud-based solution that ensures compliance with accounting standards. It simplifies complex financial processes, enhances transparency, and provides real-time access to financial data, enabling organizations to focus more on their mission and less on administrative tasks. The integration of various financial applications into a single platform reduces the risk of errors and improves overall efficiency, making it an invaluable tool for responsible financial stewardship. ![ShelbyNext Financials](https://images.g2crowd.com/uploads/product/image/large_detail/large_detail_2a826e004de130b4a3b2a9ee932afe2f/ministry-brands-shelbynext-financials.jpg "ShelbyNext Financials") ShelbyNext Financials Discussions Most CommentedMost HelpfulCommon QuestionsNewest Showing **1** discussion ![Pinned by G2 as a common question](/assets/transparent-ad5be28fbcd25b7b08d2cebe1d957125437fb5407d75ee717965ad22c8808791.gif "Pinned by G2 as a common question") G2 Pinned by G2 as a common question • about 3 years ago More Options - Share [![linkedin](/assets/social-logos/linkedin-afe65e46604a5bd5105ab9c856116204040b6b3f2b2d42562fc8071ca0c48ca0.svg "linkedin")](https://www.linkedin.com/shareArticle?mini=true&summary=What+is+ShelbyNext+Financials+used+for%3F&title=What+is+ShelbyNext+Financials+used+for%3F&url=https%3A%2F%2Fwww.g2.com%2Fdiscussions%2Fshelbynext-financials-what-is-shelbynext-financials-used-for) [![twitter](/assets/social-logos/twitter-61aaec80434c71387b8f7326e480592eae71c0a65afd051d66fce9b75a9bf417.svg "twitter")](https://twitter.com/intent/tweet?text=What+is+ShelbyNext+Financials+used+for%3F&url=https%3A%2F%2Fwww.g2.com%2Fdiscussions%2Fshelbynext-financials-what-is-shelbynext-financials-used-for&via=G2dotcom) [![facebook](/assets/social-logos/facebook-350d0b410d6b10debcf893050e803a8633d53561aa42807b087b8daf9be3668f.svg "facebook")](https://www.facebook.com/sharer/sharer.php?u=https%3A%2F%2Fwww.g2.com%2Fdiscussions%2Fshelbynext-financials-what-is-shelbynext-financials-used-for) [![gmail](/assets/social-logos/gmail-6db42f21e7c254fae201b112bef0dd15d25223a5cbb32691ce80eab43761eadf.svg "gmail")](https://mail.google.com/mail/?view=cm&fs=1&tf=1&to=&su=What+is+ShelbyNext+Financials+used+for%3F&body=https%3A%2F%2Fwww.g2.com%2Fdiscussions%2Fshelbynext-financials-what-is-shelbynext-financials-used-for%0aWhat+is+ShelbyNext+Financials+used+for%3F) [![mail](/assets/social-logos/mail-d55c53b04bf49872e40cd2443b85a99caa23394e6cf154ae32a9d08377c15d86.svg "mail")](mailto:?subject=What+is+ShelbyNext+Financials+used+for%3F&body=https%3A%2F%2Fwww.g2.com%2Fdiscussions%2Fshelbynext-financials-what-is-shelbynext-financials-used-for%0aWhat+is+ShelbyNext+Financials+used+for%3F) - Copy link - [ ## What is ShelbyNext Financials used for? ](/discussions/shelbynext-financials-what-is-shelbynext-financials-used-for) What is ShelbyNext Financials used for? 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