Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Does a separate account to track costs associated with the grant activity need to be established?

April 26, 2017account activity associated costs separate track

0

Posted

Does a separate account to track costs associated with the grant activity need to be established?

1 Answer

0

Posted

A means of separating expenses for grant activity from general or other agency costs must be established. Depending on the agency accounting procedures, this can be accomplished through a separate account, a separate fund, or through specifically identified budget lines.