eMARS Front-End Split Functionality for Federal Grants

eMARS will utilize a front-end split routine for its federal grants. Front-end split will improve budgeting, reporting and cash management of your organization by more accurately reflecting the accounting for all purchasing, expenditure and revenue events into their appropriate classification. This will greatly improve our ability to monitor these activities by Fund in a more efficient manner than the back-end split routine in MARS.

The front-end split routine will be initiated anytime an eMARS Program (MARS Project-SubProject) is coded on a document. The process will look at the program entered on a document and infer a funding profile. The funding profile describes the provider of funds and the rate at which they participate. 

For example, a funding profile is established that is split 75 percent to a federal provider and 25 percent to a state provider. In addition to the funding participation rates, you may also dictate which accounting elements are tied to that funding source. For example, let’s assume 1200 fund is entered for your federal provider and 0100 fund is entered for your state provider on the funding profile table. A payment document is created for $100 and a 1200 Fund and your program is coded.  After your document is validated, the front-end split routine will convert the entry of 1200 fund and program to two lines, $75 will post to your 1200 fund and $25 will post to your 0100 fund.