Non-Profit
Grant Sub-award to Local Partner
Recording the transfer of grant funds to a smaller NGO (sub-recipient) to execute a project.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Sub-grant Expense | Expense (+) | 10,000.00 | - |
| Cash / Accounts Payable | Asset/Liability (-) | - | 10,000.00 |
💡 Accountant's Note
International NGOs often 'pass through' money to local organizations. The lead NGO remains responsible for the audit trail of these funds.
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