Knowledge Centre Category: Grant‑Funded Bodies

Grant Funding

Grant funding is money awarded to support activities that deliver social, environmental or community benefit, usually with specific conditions attached. Proper financial reporting helps funders, trustees and stakeholders understand how grant funds have been used to achieve the intended impact.

Tracking Categories

Tracking categories are a feature within accounting software that allow income and expenditure to be analysed by project, fund or activity. They are particularly useful for charities and social enterprises, supporting clear reporting to funders and helping organisations demonstrate how resources are being used to deliver grant objectives. Green Accountancy highlights tracking categories as a particular benefit of Xero for charities and grant-funded bodies, making fund reporting and grant management significantly easier.