Confirming Fund Balance Before Posting a Grant*

Written by Reina Gallion

Last published at: May 1st, 2019

Before a grant is posted for approval, the system will check to see that there is enough money in the granting Fund to cover the grant amount. If there is not enough money in the Fund, the system will alert you.

Example: You make a grant for 10,000 from a Fund that does not have 10,000 in it. When you select Post & Get Approval the system will give you an alert.

The result is - the system will give you the message that the Fund does not have enough balance to cover the grant. However, you can choose to override this verification if necessary.

This means that the grant will overdraw the Fund and perhaps the grant should be made from a Fund with enough assets or assets should be moved to the granting Fund to cover the costs of the Grant.