Interfund Management

Overview – Interfund Management

The Interfund Module allows you to process one-step interfund transactions with the ability to generate the Gift, Grant, and GL Entries, and print checks. Previously, FIMS required you to enter a Grant in one module and a Gift in another module, post them separately, and remember to mark them as Interfunds. It also did not allow you to easily track the connection between the two transactions.

The Interfund Module allows you to create the Grant and the Gift in one place and either save the transactions to be processed by the appropriate staff member (who you can easily email to notify them of the new transactions) or process them yourself, all in one set of steps. When you use the Interfund module, FIMS automatically marks the Grant and the Gift as interfund transactions, and adds an Interfund number that connects the two transactions, making them easy to view together.