Banyon Fund Accounting

Banyon Fund Accounting is an on-premises solution specialized for municipalities and nonprofits. It enforces fund-based ledgers and supports multiple funds in a single database. Tools for budgeting, purchase orders, and bank reconciliation are straightforward. Users can generate FASB 117 or GASB 34 statements. A utility billing add-on suits municipalities collecting water or trash fees. While older in style, Banyon’s reliability and focus on local gov/nonprofit compliance appeals to small communities or charities comfortable with a desktop model instead of cloud solutions.