Grant Billing Features

Grant Management Billing leverages the strengths and flexibility of Lawson Project Accounting for "project costing" and adds "project funding" functionality.

Grant Management Billing answers the Grant Manager and Project Managers questions:

• How are my projects funded? "Sources of funds"

• What are my project balances? "Uses of funds"

Grant Management Billing provides visibility into balances for the Multi-Funded Contract/Project and all associated funding sources

Project funding controls project spending

A simplistic way to bill or request reimbursement from grantors or other external funding sources

Grant Billing supports cost reimbursement billing

Grant Billing supports both accrual and modified accrual revenue recognition

Allows users to track the sources and uses of funding for grant sponsored projects

Allocation of expenditures to project funding sources based on funding rules

"Contract Funding" budget edit compares project expenditures to available funding

Track and report funding balances by contract, project, grant or other funding sources

Grant and Match/Cost Share budgeting options allows users to track budgets and expenditures by the grantor pay request cost classifications