tracking grant income/expenses

[Elizabeth Dodd]

On Friday 13 April 2007 01:16, Arthur Dyck wrote:
> I am treasurer for a non-profit organization whose funding comes mostly
> from grants.  I need to be able to track where the money from each grant
> goes.  I could create an income account and a set of expense accounts
> related to each grant, but some of these accounts are going to be active
> for relatively short periods of time.  I could include information in my
> regular expense accounts and use memos to keep track of where the money
> came from, but I'm not sure that I can generate the reports that I would
> like using that method such as an income/expense statement.  Any help
> would be appreciated.
>
> Arthur
If you were going to be audited on these, you would need to keep each one in a 
separate set of accounts.
I'd recommend it anyway.

-- 
Herth's Law:
	He who turns the other cheek too far gets it in the neck.