Create spendable grants to transfer the spendable balance of a fund to the fund beneficiaries control.
You must add and edit fund beneficiaries to the fund before you can create spendable grants.
- Select Funds from the Home page.
- Click Create Spendable Grants.
- Click Specific Funds to create spendable grants for specific fund groupings.
If you want to create spendable grants for all funds, click All Funds and proceed to step 5.
- Check the box next to each Fund Group, Subgroup, or Divison that you want to create spendable grants for, then click Next.
- Enter the Grant Date, a Description, and review the Spendable Grant Summary; then click Create Grants.
- You will be redirected to the Grants page, and the spendable grant will be located in the New grants bucket.
