Grant Accounting & Compliance: 1-Hr Business Central Strategy Assessment

Here's how our Grant Accounting & Compliance solution can help/h3>

Core Grant Management:

• Grant Tracking: Ability to track individual grants, including grantors, award amounts, start and end dates, restrictions, and reporting requirements.
• Budgeting & Forecasting: Tools to create and manage budgets for each grant, track actual spending against budgets, and forecast future expenditures.
• Expense Allocation: Ability to allocate expenses to specific grants based on percentages, amounts, or other criteria.
• Matching & Cost Sharing: Functionality to track matching funds or cost-sharing requirements associated with grants.

Financial Reporting & Compliance:

• Fund Accounting: Support for fund accounting principles, allowing for separate tracking of restricted and unrestricted funds.
• Grant-Specific Reporting: Ability to generate reports tailored to the requirements of different grantors, including financial statements, expense reports, and programmatic impact reports.
• Compliance Tracking: Tools to monitor compliance with grant terms and conditions, including allowable expenses, reporting deadlines, and performance metrics.
• Audit Trail: A comprehensive audit trail that records all grant-related transactions for transparency and accountability.

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