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Project / Grants

 

FundWare’s Project/Grant module is a complete solution for the management of projects, grants, activities, contracts or investments. With a real time interface to other FundWare modules, including General Ledger, Accounts Payable, Payroll and Accounts Receivable, it is now possible to track subsidiary projects and grants without having to incorporate a complicated numbering system in the General Ledger chart of accounts.

So often, the ability to track revenues and expenses associated with projects and grants is kept separately in spreadsheets, with no audit trail to the General Ledger. FundWare’s Project/Grant solves this problem through the use of “parallel” ledgers, each of which may have its own unique numbering sequence. Further, reporting from these ledgers can cross fiscal years, providing compliance with grant requirements.

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In addition to tracking projects, grants and contracts, many FundWare clients use this module to manage their investment earnings. When used in conjunction with FundWare’s Allocation Management system, it is now possible to track earnings in detail with automatic distribution of those earnings.

Further, Project/Grant is ideal for collecting and tracking statistical information for outcome measurement or activity based reporting.

Best of all, Project/Grant shares the same easy to use interface and reporting engine as the General Ledger, minimizing both the learning curve and implementation time. And data entry is simplified, allowing one transaction to post both to the General Ledger and the subsidiary Project/Grant subledger(s).

See for Yourself
For a no-obligation, in-depth product demonstration tailored to your specific needs please contact us by phone at 1-800-273-1514, or via email at info@nfpAccounting.com.

 

 

 

 

 

 

 

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