Grant Administration Module

For many nonprofits, acquiring, managing, and reporting on grants is a central concern and task of everyday life that can absorb many staff hours. Use the Grant Administration module to consolidate all grant-related information and documentation and to simplify grant administration and grant management processes directly in the Sage Fund Accounting system.

Maintain comprehensive profiles of all grants. Track grantor details including contact information, reporting periods, indirect cost rates, notes, custom fields, and more. Scan and file all grant-related documents and organize into pre-award, post-award, and close-out records to quickly access any document.

Manage grants more effectively. Monitoring spending is easy – budget position can be easily monitored to ensure that grant funds are fully used. Users can forecast expenditures for remaining periods within a grant. Quickly view all activity including outstanding invoices, payments, and credits for each grant and drill-down to the details associated with every transaction.

Demonstrate Mission Performance. Easily measure program effectiveness for grantors, volunteers, or other constituents by creating budgeting and reporting performance data within the accounting system. The Grant Administration module is fully integrated with other Sage Fund Accounting modules to maximize functionality. For example:

Budget Module: Avoid overspending on grants by checking for available funds while entering a transaction. Activate warnings or prevent entry when an invoice would create an over-budget situation.

Allocations Management Module: Ensure compliance with OMB Cost Principles by using the powerful calculation options available in the Allocations Management module to distribute costs to federal grants with accuracy and consistency. Perform as many allocations as needed as often as required to comply.
 
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