Terminology
501(c)(3) – A tax-exempt charitable organization classification.
501(c)(6) – A tax-exempt classification for business leagues, associations, and chambers of commerce.
Financial Entity – A business unit in iMIS that maintains separate financial books, such as an organization or fund.
Fund – A specific type of entity designed to solicit donations.
GL Export – A process in the GL Processor that exports financial data for an organization.
GL Processor Cloud – A tool that allows defining organizations requiring a GL Export.
iMIS – A financial and membership management system.
Organization – Defined in iMIS as either a 501(c)(6) association or a 501(c)(3) charity, requiring financial entity setup.
Primary Financial Entity – The main financial entity associated with an organization in iMIS.
Default Entity – The entity set as the default financial entity in iMIS.
GL Export Template – The GL Export Template defines the format and structure of financial data exports in iMIS. It specifies:
File Export Type - Determines the output format, such as IIF (Intuit Interchange Format) or Delimited (CSV, TXT, etc.).
Field Schema - Defines the data fields included in the export file, ensuring compatibility with the organization’s accounting system.