--- title: Grant Management & Compliance - GrantLink Knowledge Base description: Software-independent guidance for managing grant finances, compliance, audits, risk, and subawards. url: https://grantlink.app/kb/category/grant-management-compliance --- # Grant Management & Compliance Software-independent guidance for managing grant finances, compliance, audits, risk, and subawards. ## Articles - [How to Track Grant Award, Cash, Revenue, Expenses, and Remaining Balance](https://grantlink.app/kb/track-grant-award-cash-revenue-expenses) - Separate award, pledged funding, cash receipts, recognized revenue, grant spend, and remaining balances so dashboards and funder reports answer the right question. - [Cost Allocation Methods Explained](https://grantlink.app/kb/cost-allocation-methods) - Understand different methods for allocating shared costs across multiple grants. - [How to Allocate Expenses Across Multiple Grants](https://grantlink.app/kb/allocate-expenses-multiple-grants) - When one expense benefits multiple grants, how do you split it fairly and compliantly? This guide covers allocation methods and best practices. - [Setting Up Indirect Cost Rates](https://grantlink.app/kb/setting-up-indirect-costs) - Learn how to configure and apply indirect cost rates to your grants in GrantLink. - [Funding Shares, Matching, and Cost Share Tracking for Grants](https://grantlink.app/kb/match-cost-share-tracking-grants) - Understand funding shares, match, cost share, in-kind contributions, program income, and how to track them in GrantLink without rebuilding QuickBooks. - [Grant Closeout Process: Complete Guide](https://grantlink.app/kb/grant-closeout-process-guide) - Closing a grant properly is just as important as managing it. Learn the complete closeout process to stay compliant and maintain funder relationships. - [Tracking Restricted vs Unrestricted Funds](https://grantlink.app/kb/restricted-unrestricted-funds) - Understand the difference between restricted and unrestricted funds and how to track them properly. - [Understanding Net Assets Released from Restriction](https://grantlink.app/kb/net-assets-released-from-restriction) - Understand when donor restrictions are satisfied and how releases are presented as reclassifications between the two GAAP net-asset classes. - [Preparing for Grant Audits](https://grantlink.app/kb/preparing-for-audits) - Grant audit preparation for nonprofits: how to get ready for single audits, funder reviews, and internal audit requests without rebuilding reports in spreadsheets. - [Maintaining Audit-Ready Documentation](https://grantlink.app/kb/audit-ready-documentation) - Learn best practices for organizing and maintaining documentation that's always ready for review. - [Nonprofit Month-End Close Checklist](https://grantlink.app/kb/nonprofit-month-end-close-checklist) - A comprehensive month-end close checklist designed for nonprofits managing grants, restricted funds, and funder reporting requirements. - [Grant Compliance Checklist for Nonprofits](https://grantlink.app/kb/grant-compliance-checklist-nonprofits) - Stay compliant with your grants using this comprehensive checklist covering documentation, allowable costs, reporting, and federal requirements. - [What is Modified Total Direct Cost (MTDC)? Complete Guide](https://grantlink.app/kb/modified-total-direct-cost-mtdc-guide) - MTDC is the most common base for calculating indirect costs on federal grants. Learn exactly what it includes, what's excluded, and how to calculate it. - [Functional Expense Allocation Methods for Nonprofits](https://grantlink.app/kb/functional-expense-allocation-nonprofits) - Functional expense allocation is required for nonprofit financial statements. Learn the methods and best practices for Program, M&G, and Fundraising allocation. - [Time and Effort Reporting for Federal Grants](https://grantlink.app/kb/time-effort-reporting-federal-grants) - Understand the standards-based federal requirements for documenting compensation charged to awards without relying on obsolete universal forms or certification schedules. - [Single Audit Requirements Explained (2026 Guide)](https://grantlink.app/kb/single-audit-requirements-nonprofits) - If your nonprofit spends $1,000,000 or more in federal awards, you need a Single Audit. Learn what that means and how to prepare. - [Uniform Guidance 2024+ Update for Nonprofits](https://grantlink.app/kb/uniform-guidance-2024-updates) - Key federal compliance threshold changes you should apply now: Single Audit, MTDC, and de minimis updates. - [Grant Risk Assessment: Best Practices for Nonprofits](https://grantlink.app/kb/grant-risk-assessment-best-practices) - Master grant risk assessment—identifying potential issues before they become problems and developing strategies to protect your organization and funding. - [Subaward Management and Monitoring for Nonprofits](https://grantlink.app/kb/subaward-management-monitoring-nonprofits) - Master subaward management as a pass-through entity—from subrecipient vs. contractor determination to monitoring, risk assessment, and federal compliance. - [Free Grant Tracking Templates (Excel & Google Sheets)](https://grantlink.app/kb/free-grant-tracking-templates) - Need to track grants but not ready for software? These free Excel and Google Sheets templates will help you get organized. - [Do I Need Grant Management Software? Decision Guide](https://grantlink.app/kb/do-i-need-grant-management-software) - Spreadsheets, QuickBooks, or dedicated software? This guide helps you decide what's right for your nonprofit's grant management needs. - [Best Grant Management Software That Works With QuickBooks (2026)](https://grantlink.app/kb/best-grant-management-software-quickbooks) - Compare grant management software that works with QuickBooks Online for budget tracking, restricted funds, allocations, and funder reporting. - [GrantHub Alternative for QuickBooks Users (2026)](https://grantlink.app/kb/granthub-alternative-quickbooks) - With GrantHub sunsetting, QuickBooks users need alternatives for grant tracking. Compare your options and find the right fit for your nonprofit. - [Federal Award Intake and Compliance Matrix for Nonprofits](https://grantlink.app/kb/federal-award-intake-compliance-matrix) - Turn a Federal award package into assigned controls, deadlines, QuickBooks tracking, and durable evidence without confusing agency duties with recipient duties. - [How to Prepare and Reconcile the SF-425 from QuickBooks Online](https://grantlink.app/kb/sf-425-quickbooks-reconciliation) - Prepare an SF-425 from QuickBooks Online with an award-specific mapping, cumulative rollforward, transaction-level tie-out, and reviewer-ready support package. - [Federal Cash Management and Drawdown Controls in QuickBooks Online](https://grantlink.app/kb/federal-cash-management-drawdowns-quickbooks) - Control federal advances, reimbursements, and drawdowns with an award-specific worksheet, QuickBooks tie-out, cash forecast, and four-way reconciliation. - [Federal Budget Revisions and Prior Approval](https://grantlink.app/kb/federal-budget-revisions-prior-approval) - Identify Federal award changes that need prior written approval, control budget versions, and recover when work or spending changes too soon. - [Correcting Federal Grant Cost Transfers in QuickBooks Online](https://grantlink.app/kb/correcting-federal-grant-cost-transfers-quickbooks) - A practical, audit-ready workflow for correcting federal grant charges in QuickBooks Online without erasing the original transaction or overlooking reports, draws, payroll, fringe, and indirect costs.