FEDERAL GRANTS YEAR JULY 1 - JUNE 30
Federal grants run from July - June each. I would like to be able to keep the Appropriation/Budget amount when we cross over to the next year. As it is now I must pull the December Appropriation Report RE/EX.Summary report into an excel and then run a detail report and manually insert data into the excel in order to request reimbursement from our State of Indiana for the federal grant expenses. This is very time consuming and on occasion I make errors which then creates errors reported to the state.
I would like to be able to identify those Funds which are Federal grants with a check mark in the Reporting Section; Rev/Exp which would then allow the grants Appropriation/Budget totals from one year to carry over into the next year to complete the grant cycle. Usually there are no more than 7 Federal grants at one time currently I only have 3 which cross from one year into the next. I have attached two excels for you to see. The first one has not been manually changed by me the second is one I had to create to get the information I needed to work from in order to determine how much I needed to ask for a reimbursement from the State.
Susie Owens
shared this idea
A new IN Budget Balance Report will be available with the 05.19.02.00.08 release.
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A new IN Budget Balance Report will be available with the 05.19.02.00.08 release.
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Jayne Grillo
commented
I agree 1,000%. I would like for Skyward to go a step further and allow us to enter in a beginning date and final ending date for all funds so that every fund could be on it's own schedule. We have over 20 funds in which only two of them (after January 1, 2019) will run January-December. All of the others have multiple ending dates that go beyond the June 30th date. Some Federal Grants run on an 18 month or two year cycle.