Designating Revenue For Specific Programs

Mike Gaffney

Athletic teams and other groups oftentimes provide the volunteers to staff miscellaneous revenue generating activities (parking for special events, receipts for AAU tournaments held on campus, et al). In exchange for the volunteers, we've agreed to designate this miscellaneous revenue to underwrite the groups' expenses in excess of what has been budgeted for them to spend. These receipts are designated, not temporarily restricted. I am considering using the project tools and reporting to subclassify these revenues so I don't need to keep a separate spreadsheet. Are there tools I am not considering that may be less clunky?

Lisa Olscamp

How often do you need to track this? We have one of the tables set up for grant tracking. The grant is an optional field for the GL and can be filtered for reporting.

Mike Gaffney

Thanks Lisa. That is the direction I was hoping to go in.

Angela Tuttle

@Mike Gaffney We use projects.