Grant Maximizer Solution (GMS) is a customizable software solution designed specifically to track grant revenues, expenditures and performance. GMS offers easy-to-use data entry, customized reporting and, most importantly, the ability to tie expenses to specific activities. GMS allows administrators to quickly assess the financial effectiveness of the grant's goals, objectives and related activities. Grant Maximizer Solution™ can be used in conjunction with QuickBooks® Premier Edition* accounting software and third-party recipient data tracking companies.
GMS is a total package of consulting, system analysis, software configuration, training, and follow-up support. The cost is based on the number of grants you are tracking and how many sites are involved. Contact us today for an initial consultation.
GMS is not meant to replace the primary accounting systems of most organizations. It simply replaces the manual and spreadsheet methods that many Grant Administrators use to track grant-related expenditures. However, for small organizations, GMS could prove to be a viable alternative to more expensive, off-the-shelf accounting solutions.
Yes, GMS can track and report on the various types of matching contributions. Activity reports can be created to reflect ALL costs associated with the activity — grant-funded AND matching contributions.
Yes, depending on your requirements, indirect costs can be accounted for as a separate expense or as a percentage of each transaction.
Yes, budgets can be tracked by funding source, account code, site, program, or activity.
Yes. Often, the grantor’s fiscal year end will be different from the fiscal year end of your organization. GMS provides for easy reporting to accommodate this requirement.
Yes. GMS provides a forum to manage goals. objectives and benchmarks. Activities are associated with goals and objectives in order to establish cost-effectiveness. If required, GMS allows for data imports from third-party participation tracking systems for more in depth analysis.
Our accounting professionals provide consulting, training, and ongoing support to ensure that your staff is properly equipped to realize the full potential of the GMS system.
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