Grant deliverable each Transaction is associated with.
Definition: Individual monetary Transactions such as purchases, payments, deposits, etc.
Examples: deposits, withdrawals
Mini-Financial Report: Gifts, Grants, and Income Received
Definition: Individuals and sometimes associated organizations (aka Accounts).
Definition: Expenses by line items, listed as 5-digit expense codes (ex: 52361 – Business Meals). Expense codes can be easily changed depending upon your needs.
Mini-Financial Report: P&L Report (aka Income Statement)
Definition: 7-digit cost-centers that house money for individual projects, funds, or departments. 7-digit codes can be easily changed based upon your needs.
Mini-Financial Report: Simplified Balance Sheet
Grant Deliverable Line Items
Definition: Grant deliverable each Transaction is associated with. This is similar to how Tags work in Mint.com or other similar financial software. This allows you to classify each transaction in two ways: 1) as an “Expense-Code”, and 2) as a “Grant deliverable”.
Mini-Financial Report: Monthly Expenses
If you liked this demonstration, you can find the base I created on Airtable Universe. Click the link below!