| Microsoft Dynamics GP is excellent fit for mid-size | | | | Accounting queries, where you establish the query |
| and large non for profit organization. Great Plains | | | | and send its result to Excel |
| has special suit of non-for-profit modules, and | | | | 3. Grant Sponsors. These are GP customers. If |
| among them Grant Management. This module | | | | you don’t have them as customers, you can |
| enables functionality, when you on behalf of | | | | create them on the fly from Grand Sponsors |
| sponsors opening the grand for bidding and later | | | | screen. You specify the sponsored amount by |
| on releasing the funds as project progresses. In | | | | each sponsor and grant fund will be increased |
| this small article we will give you Grant | | | | respectively |
| Management module highlights: | | | | 4. Multicurrency. You should setup default |
| 1. Analytical Accounting is required. In fact, GM | | | | currency in order to use Grand Management. It is |
| module deploys the functionality of Analytical | | | | also needed in Analytical Accounting |
| Accounting: dimensions, Accounting Class (to | | | | 5. Beyond Grant Management in Analytical |
| enable Analytical Accounting tracking entries for | | | | Accounting. GM only deploys alphanumeric |
| GL, AP, RM, SOP, POP and Inventory | | | | dimension codes and so it is restricted. In GM you |
| transactions), Trees, Budgets, Budget Trees. | | | | only need one dimension, unique code per grant |
| 2. Grant object in GP is linked to Grant dimension | | | | and budget per grant dimension code. This is |
| code in Analytical Accounting. The reporting for | | | | probably only ten percent of Analytical Accounting |
| Grant Management is done through Analytical | | | | functionality. |