Functional Expense Reporting - White Paper
Functional Expense Reporting provides donors, funders and the general public with meaningful information about the types of programs and activities carried out by an organization. This white paper, Functional Expense Reporting, is a behind-the-scenes look at Functional Expense Reporting - what it takes to do it well and how it helps position your organization for ongoing success.
You’ll learn answers to these commonly asked questions:
• How do I meet Functional Expense Reporting (FER) requirements?
• How do I meet my internal reporting, funding, board and FER? How do they co-exist?
• How can I best accomplish FER in accounting systems without using Excel spreadsheets?
• What are some of the desired methodologies for allocating key costs?