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Project/Grant
FundWare Project/Grant is the solution for complete management
of activities, projects, grants, cost centers, contracts, or investments.
This "parallel" single-sided ledger allows users to track
a segment of financial transactions, in more detail, than what the
current General Ledger provides. FundWare's suite of modules, including Accounts Payable
and Payroll, allow users to simultaneously post to both the Project/Grant
ledger, as well as the General Ledger.
Any project can now be managed separately to streamline the
General Ledger chart of accounts.
This module is ideal for tracking Profit/Loss information
on any activity, and collecting statistical information for outcome-measurement
reporting.
So
often, the ability to provide profit and loss information on non-primary
activities is ignored, or kept separate in spreadsheets. If
you had the ability to track just a segment of your transactions in
another fashion, separately, in a “parallel” ledger, it is probable
that this information would be of high value.
FundWare Project/Grant provides this unique functionality—a
separate ledger to simultaneously post revenue and expense transactions
in a different manner than what the main General Ledger provides. each FundWare module, including Accounts Payable,
Payroll, and Accounts
Receivable, has the ability to post to dual ledgers within
a single transaction line.
Keep
more detailed job costing information without the need to redesign
the main financial ledger
If
your operating emphasis is detail expenditure tracking, and your
General Ledger has become unwieldy,FundWare Project/Grant module may provide you with
the key to better manage your transactions.
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