How do I add/edit/disable a Funder?

Funders represent different payors that fund your agency's Services on behalf of Clients. A Funder is principally characterized by its invoicing model, that is, the method by which the Funder wishes to be billed. 

Once a Funder is created, Bill Codes can be configured to set rates for the Funder. These Bill Codes will then be added to Service Codes according to how the Funder should be billed for different services.

To view, set up, or edit funders, go to Accounting > Accounting Settings > Funders.

• Add a Funder
• Search for a Funder
• Edit a Funder
• Disable a Funder

Add a Funder

1. Go to Accounting > Accounting Settings > Funders.

2. Select +Add Funder.

3. In the Add Funder dialog, fill in the required and appropriate fields.

• Code is the shorthand that will be displayed in dropdowns throughout the application.
• Name is internal and will not appear on any invoice.
• Holiday Multiplier: This is defaulted to 1. For days that are set as holidays, any rates for this Client will be multiplied by the Holiday Multiplier. Alternatively, if you wish to determine specific holiday rates for individual Bill Codes of the Funder, leave this set to 1 and see Time-Specific Rules.
• Billing Frequency: The billing frequency selected here will be automatically populated and set when creating a service or payor program.
• GL Bank: If payments are received and processed automatically for the Funder, the account of type Bank set here will be used for relevant subledger entries.
• GL Receivables: Whenever subledger entries are posted requiring an account of type Receivables, the account set here will be used.
• Type: The funder type determines invoicing behaviour for the Funder. Each funder type requires specific fields. Learn more about different Funder Types.

4. Save.

Search for a Funder

Select the filter icon to search and filter. Funders can be filtered by whether they are Enabled or Disabled, and they can be searched by Code or Name.

Edit a Funder

To edit a funder, select Edit. Make your changes, and Save. 

Disable a Funder

To disable a funder, select the select Disable on the dropdown.

Learn more

• Time-Specific Rules
• Chart of Accounts
• Taxes
• Funder Types
• Bill Codes
• The Relationship between Service Codes, Pay Codes, Bill Codes, and Funders

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