The National Association of State Auditors, Treasurers and Controllers (NASACT), in conjunction with many leading federal and state organizations involved in grant funding, has recently published a proposed standard for the use of data elements in grant reporting. The CYMA Grant Tracking System was specifically designed around this new specification, ensuring their non-profit customers that the CYMA Grant Tracking System can accommodate the latest in federal, state and private funding source demands.
An optional component of the General Ledger module, the Grant Tracking System allows additional functionality throughout the CYMA IV Not-For-Profit system. It provides for General Ledger account number independence and tracks grant, expense type, funding source, program and activity information/reporting.
Grant Tracking can be enabled in the General Ledger, Accounts Payable, Payroll and Accounts Receivable modules within CYMA. When Grant Tracking is enabled within a module, all entry screens within that module are enhanced to add Grant Tracking fields to each data entry line. Because the Grant fields are separate and distinct from the GL account number used in any particular entry, the NFP organization has flexibility in coding the expense.
