My girlfriend works for a non-profit as a financial manager. She has an office-management background, however, some of this job is "new" for her. The non profit functions off of Grants from various sources and which pay for specific things.
She inherited a rather tangled mess of books, and she is slowly untangling it. One question she has is when they receive a GRANT she would like to set up an ELEMENT in QuickBooks that allows her to draw off of that "value" of the grant.
for instance, ABC group gives a grant for 10,000 and so she would set up a "ELEMENT" that would allow her to apply costs to that grant and the grant "value" would deplete subsequently from each payment. She explained this might be similar to a piece of equipment that could be "depreciated" for each dollar thats spent out of that grant.
Is that something she can accomplish in QB2004? If my question is fuzzy, Im doing my best to translate what she wants into english LOL.
Thanks for any advice.
chaz