FIMS Alerts when Fund Balances reach a certain value (customized by fund).

Due to recent poor market performance, investment losses are causing some of our funds to approach the minimum required balance we have et.  Therefore, we are hesitant to utilize the spending policy of the fund.  FIMS currently alerts the user if a grant is made but no spending policy is entered.  However, FIMS does not have the ability to notify the user if a distribution will result in the fund balance falling below a certain value (ie, Fund Balance 1).  Note that this value would be different for all funds (it is not, for example, simply $10,000 for all funds) and the minimum requirement does not apply to all funds.

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  • Mar 3 2016
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