WHAT ARE SOME FINANCIAL BEST PRACTICES WITH
· Follow your spending plan to distribute and use grant funds for the stated purpose in a timely manner.
· Make project-related expenditures by check or other traceable method.
· If payments are made electronically by one person, maintain a paper trail showing that the payment was approved by both signatories.
· Maintain detailed receipts and record each transaction in a ledger. The ledger should list each transaction, noting the date, amount, and reason for the transaction.
· Make sure to share the
