- Guides and Training Manuals
Date Published: June 2015
This document provides an overview of grant based accounting. The Integrated Disbursement and Information System (IDIS) has historically operated on a first-in-first-out basis (FIFO). Under FIFO, funds were disbursed against the oldest grants with funds available. Under grant based accounting, funding/commitments and disbursements are made against specific user-defined grant years. Generally, this accounting practice will strengthen the linkage between an annual grant allocation and the actual expenditures of those funds, streamlining year-end reconciliation between IDIS and local financial systems.