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Home » Products » Government » Modules
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.
In addition to tracking
projects, grants and contracts, manyFundWare 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).
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