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Grants Management Best Practice: Record in the General Ledger

by Timothy Tiernan on December 10, 2013
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Glasses and calculator and pen representing grants recorded in a general ledger

Welcome to part 2 of the series from Kevin Harper, CPA, on grants management best practices. In part 1, Kevin discussed the best practice of having a process owner who oversees all grants from beginning to close-out. In the following video clip, Kevin discusses the value of recording grants in the general ledger to keep the accounting organized.

As Kevin states, "Many governments don't ... record every grant as a separate project or grant in the general ledger, leading to the need to keep a lot of separate accounting records."

I'll be introducing more best practices from Kevin, as well as Dr. Beverly Browning, over the coming weeks and into the new year.

Grants Management and the General Ledger (Part 2) from eCivis, Inc. on Vimeo.

About the Author

Kevin Harper (Kevin W. Harper CPA & Associates) has performed over 300 audits of local governments.  His experience includes local governments of all sizes, from the County of Santa Clara and City of Oakland to the San Francisquito Creek Joint Powers Authority and the Muir Beach Community Services District, as well as school districts and special districts.  Kevin brings a unique hands-on perspective to his firm, because he has served as interim finance director of City of Fremont, interim Chief Financial Officer of East Bay Regional Park District, elected Auditor of City of Alameda, and elected Trustee of New Haven Unified School District.

About eCivis

eCivis is the nation's leading grants management software solution and the ideal platform for improving local governments' and community-based organizations' grants performance. For more information about eCivis, visit www.ecivis.com. For media inquiries, contact media@ecivis.com.

Free Article

Enjoy our free article on why some grant seekers should be looking to grants management software, not merely spreadsheets, to manage grants for tracking and reporting purposes:

Grants management software

Topics: eCivis Resources, Internal Controls, Grants Management Best Practices