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Development cooperation projects are funded in different ways. Each funding is contractually agreed with a donor. In each case, a different arrangement may apply: Some projects are fully funded by one donor, others by several donors. The share a donor pays is regulated, e.g. a fixed amount, a percentage of the costs, a shortfall or the entire project. The different costs within a project can be allocated to different donors.

For each donor involved in a project, you create a funding in WINPACCS. Fundings are assigned in three places:

▪A funding is assigned in a journal for use in Project accounting.

▪If the donor requires reporting in a currency other than the company currency, or the conversion of voucher currencies according to their specifications, you can optionally assign a reporting currency scheme with your own exchange rates to a funding.

▪A budget can also be created for a funding to enable precise budgeting.

The cost vouchers of a project are entered in the assigned journals and assigned to a funding – and thus to a donor – when they are posted in Project accounting. In this way, donor-specific settlements can be created very efficiently in Project controlling. The assigned reporting currency scheme allows the automatic conversion of amounts into the reporting currency of the donor.

Table

Click on a funding in the table to open it. Use the table settings to change the display.

All the fields from the master data of the fundings are available as columns. Assigned reporting currency schemes and basic information about the project are also displayed.

Use the Show archived project fundings quick filter () to display archived fundings. These are displayed in grey.

Use the Contract status quick filter to only display fundings of a certain status.

Functions