Recording Grant Revenue to Transaction Codes

Katie Fox

Hello, we are figuring out a better way to track Grant disbursements in FE through Grant Records and Transactions Codes. All Blackbaud webinars/classes show recording the revenue to the GL through a JE. We record all revenue through RE. Is there a way when entering the grant revenue, we can tie the gift directly to the FE Grant Record or FE Transaction code, saving us from doing a JE and keeping our revenue management consistent?

Crystal Bruce

@Katie Fox hello! I moved this discussion to the Blackbaud Financial Edge NXT community in hopes of getting an answer. Thanks!

Karen Edwards

@Katie Fox We have grant codes set up as our Transaction Code 1 in FE. We then set up a fund for that grant in RE and tie the FE t-code to that fund in the general ledger distributions. Our RE and FE are linked, so we bring over all the grant and donations in a batch each month. We also use the t-code for the grant on any expenditures for the grant.