Banyon Fund Accounting - 2026 Pricing, Features, Reviews & Alternatives

Banyon Fund Accounting is a full-featured fund accounting software designed to help organizations efficiently track budgets and financials. The core modules include general ledger, accounts payable, accounts receivable, cash management, purchasing, and robust reporting. It also seamlessly interfaces with the company's payroll, utility billing, and other modules.

Key features of Banyon Fund Accounting include flexible chart of accounts, multi-year budgeting, dashboard reporting, electronic payment processing, recurring transactions, and custom report writing. The software helps automate processes like bank reconciliations, check writing, claims/vouchers, and 1099 tax forms. Additional capabilities such as project tracking, grants management, and investment tracking are also included.

The product has several add-on modules available to extend functionality. Purchase orders integrate with general ledger encumbrance, while the manage payables tool supports accrual basis accounting. Accounts receivable features specialized billing/invoicing capabilities. Other add-ons include fixed asset tracking, deposit slip printing, ACH vendor payments, purchase card imports, and workflow for streamlining payables.

With robust accounting controls, flexible reporting, and rich integration, Banyon Fund Accounting provides municipalities, utilities, non-profits, libraries, tribal organizations, and other entities an integrated solution to manage essential financial data. Custom configuration matched with responsive customer support allows the product to meet specialized organizational needs out-of-the-box.