Targeted funding
Sources, programs, receipts and expenses, plan versus actual, a report on use of funds.
Situation
A foundation receives money from several sources for different programs and must report on how every ruble was spent.
How it works
- 01Set up funding sources and programs
- 02Record receipts and expenses linked to a program
- 03Compare the budget with actual expenses
- 04Generate a report on the use of funds
Result
Every expense is linked to a source and a program, and the report for a donor or grantor is built from the books, not assembled by hand.
Features in this use case
Reports and exportSimple mode reports on all plans, the full set from the “Accounting” plan.
Ledger and double entryAll plans. On the free plan postings are created but hidden behind simple mode.
Control and auditRoles on all paid plans, anomalies and the bank requirements assistant on the “Group of companies” plan.
Start with a bank statement
Upload last month’s statement and see your cash flow before setting anything up. If you need to move from 1C or work in several countries, we will show it on your data.