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Home » Products » Nonprofit » 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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