disconnect funds and company to improve usability of year-end reporting
Develop a program that allows the company to run seperate from the grant funds. Meaning the company's fiscal year and quarterly reports would reflect actuals only from company data.
The funds would still be tracked according to fund start-date and close-date, but these date will have no effect on the company's reports or closing.
The fund data would be shared with company, but would not determine the company closing date. Company would close at the end of each fiscal year without closing the funds. The funds would require closing at the end of each their own cycle.
This provides accurate year end data for the company for its external users. And competes the fund integrity intact for fund reporting external users.
Thanks for the idea!