As a small university, we are becoming increasingly dependent on grants from private foundations and state/federal grant-making agencies.  Our grants office uses RE, while the business office uses Banner.  We would like to be able to track actions related to specific grant proposals as well as awards received.  Ideally, the grants office would track this separately from the business office due to separate reporting requirements.  Some of our larger, federal grants are multiple year awards.  We want to be able to track the amount drawn down and applied to the total grant award in any given fiscal year.  All of our charitable gift income is posted to a general ledger account via Financial Edge, and we do not want the grant revenue posted to FE.  Are there any suggestions or best practices out there?

Whitney,

I realize its been a while since you made this post.  Have you come up with a solution yet?  We're in the same boat.

Curious,