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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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Accounting Modules List |
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