Case Study: Hampshire Cultural Trust streamlines multi-entity charity accounting with AccountsIQ

Hampshire Cultural Trust streamlines accounting across 23 locations with AccountsIQ

Hampshire Cultural Trust, a not-for-profit organization formed to manage Hampshire's museums and cultural centres, faced a complex accounting challenge. They needed an affordable solution to handle financial operations across 23 locations, consolidate two legal entities, and produce compliant reports after moving away from their previous council system. The trust chose the cloud accounting and consolidation software from AccountsIQ to meet these needs.

AccountsIQ implemented a solution that included a flexible, multi-dimensional coding structure to handle transactions across locations, entities, and restricted funds. The software solved the critical issue of accounting for restricted funds and provided the foundation for automated reporting and management information. The integration with ticketing and EPOS systems automated sales posting and reconciliation processes, leading to significant gains in efficiency and financial control for the Trust.

Hampshire Cultural Trust