Grants are typically revenue that is received from a granting organization and meant for use on a specific program, mission, or project. With Financial Edge NXT, you can track grant money from receipt to use, and use Grant records to review and explore that information. In this session, learn the key components of setting up grant tracking. Review one-time system configurations. Explore creating a Grant record and an associated transaction code. Record grant transactions within a journal entry transaction.

Learning Objectives:

• Configure Financial Edge NXT for grant tracking
• Create a Grant record
• Add grant transactions
• Explore grant activity