Page Comparison

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• Functional accounts
  • Chart of Account: Standard financial account. (NetSuite Account)
• Organizational Activities
  
  • Activity: Functional categorization of income and expenses. (NetSuite Department)
• Funds & Funding Sources (restrictions, grants, etc.)
  • Restriction: Categorization of income by restriction. (NetSuite Class)
  • Funding Source: Categorization by funding source. (NetSuite Class)
• Projects (organizational projects)
• Revenue Detail
  • Items: Items represent the types of things you sell ― sell including donations, pledges, grants, inventory items and much more (NetSuite Items)

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• Unrestricted Revenue
• Temporarily Restricted Revenue
  • Grant Revenue
    • Grant A
    • Grant B
    • Grant C
    • Grant D
  • Other Time Restricted Revenue
  • Other Use Restricted Revenue
• Permanently Restricted Revenue
• Cost Pools
  • Central Service Expenses
  • Facilities Expenses
  • Salary & Related Expenses

Grant tracking may occur at the NetSuite Class level or at the NetSuite Project level. In general, tracking at the class level is required if grants fund multiple projects or if you need to report on grants using NetSuite's native reporting integration with NetSuite classes. If you have neither of these requirements, or need to generate a grant balances report using the native customer/project profitability report, you should track grants as projects.

Activities (NetSuite Departments)

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