Grant Management is often required for non-for-profit organization, where you are distributing grants on behalf of donors to qualified grant recipients.  Microsoft Business Solutions specially recommends Dynamics GP ERP for Grant Management and Commitments.  In this small publication we will come across Grant Management Module functionality, implementation and possible customization.  Great Plains should fit to all spectra of charities and funds: from small fund, ran by individual enthusiast to large scale nation-wide fund:

1.       Analytical Accounting.  AA is the platform for Grant Management Module.  However, you could expect that GM deploys only fraction of Analytical Accounting features: dimensions, Accounting Class, which enables tracking in GL, Receivable Management, Payable Management, POP, Sales Order Processing and Inventory Control modules

2.       Grant object in Great Plains is associated with Grant dimension in AA.  Grant Management reporting deploys Analytical Accounting queries.  Query result could be sent to MS Excel

3.       Grant Sponsors.  These are extensions to Great Plains customers.  You can change grant fund from Grant Sponsor screen automatically, if required

4.       Multicurrency setup. It is required for Analytical Accounting and so – for Grant Management module.  If you do not really use multicurrency, set it up just for US Dollar (or your local country respected currency)

5.       Commitments.  Just to give you several hints.  Non-for-profit organization often goes beyond the typical Purchase Order Processing, where you have to show amounts, committed to future purchases for trustees review.  This is where Great Plains Commitments do the job