In development cooperation, contracts are often based on donor-specific budget lines. Cost monitoring therefore has to mirror these budget lines and project accounting structured accordingly.
These requirements are usually on top and differ from your own organisation’s accounting requirements.
Without a software solution tailored to this need, special donor requirements lead to enormous manual effort for creating reports and accounts.
Budget lines need to be entered in an additional field, rather than shown as a cost- or sub-cost type.
To minimise effort and errors, costs should be assigned to budget lines at the same time as the costs are entered in the project cashbook or project accounting.
It should be possible to utilise budget lines from different donors in a project. It is optimal if, depending on the funding selected, only the budget lines of the respective donor can be assigned.
Budget lines organised in budget structures are an integral part of WINPACCS and have been tried and tested for many years; they constitute an indispensable functionality for donor collaboration.
Assignment of costs to budget lines
Budgets, reports and accounts
Central creation and management of budget structures