What are the key features of Crescendo Admin?
Crescendo Admin maintains a comprehensive database on all donors, annuitants and gift annuity contracts (immediate, deferred, flexible and term of years annuities), prints checks and/or issues EFT payments to the annuitants, automatically informs user of upcoming payments, prints 1099-R tax forms required by the IRS, computes FASB 116/117 liabilities for annual valuation, calculates reserve requirements for regulated states, tracks annuity balances based on reserve account earnings, includes many reports with customizable search criteria, interfaces with Crescendo Pro and Lite records which are easily imported to simplify data entry, plus offers tracking of multiple charities.
