Update: SQLAlchemy has a severe performance penalty based on our testing. Plus, SQL reduces the code complexity in many instances and has much better performance too. - *Rushabh*

Update: The library does not allow multiple SQL Queries to be executed, hence altering is not possible. There is possibility of overriding certain conditions. We will fix these on priority. - *Rushabh*

*It does not seem like it*. There are 'Cost Centers', but they do not seem to be usable in fund accounting.

Update: *Yes*. Cost Centers can be easily extended to manage funds. Each Income / Expense is tagged against cost center, so you can accurately track per Fund. Some of the terminology can be fixed if required - *Rushabh*

- [[Trial Balance Report|UseCases/GeneratingReports#trial-balance]]: YES

- [[Bank Reconciliation Report|UseCases/GeneratingReports#bank-reconcilation]]: YES

- [[Chart of Accounts|UseCases/GeneratingReports#chart-of-accounts]]: YES

- [[Cash Disbursements Journal|UseCases/GeneratingReports#cash-disbursements]]: YES

- [[Income Report|UseCases/GeneratingReports#income-report]]: YES

- [[Expense Report|UseCases/GeneratingReports#expense-report]]: YES

*No*. It does not seem like 'Cost Centers' can be used this way. 

Update: *Yes*. Please see earlier comment, each fund can be a cost center and invoices, expenses can be booked against it. Even budgeting can be done against a cost center. - *Rushabh*

  that can be later approved before officially being posted to the books? Yes. Each transaction has a Draft and Submitted status. And separate rights can be given to separate roles for doing approvals. Plus rule based approvals based on properties also exist.

- Is a [[the workflow configurable|UseCases/WorkFlow#workflow-configurable]] ? Yes - there is a workflow system [User Docs](https://docs.erpnext.com/workflows.html)

- [[Unaccrued Invoice|UseCases/WorkFlow#unaccrued-invioice]] ? Exists - You can check in Accounts Receivable

Udpate: **FIxed** - Rushabh