Finding Text
Department Program Name and Agreement Number
Peer Navigator - CT 12A 202204 20*2554
Registered Apprenticeship - 20220719*0195
Criteria
The Organization is responsible for ensuring the books and records agree to the SEFA.
Conditions and Context
The profit and loss report from Quickbooks did not agree to the revenue for individual grants during 2023. This report is used as supporting documentation for grant reporting and should agree to the SEFA.
Effect
The Organization did not have proper documentation or processes in place to ensure funds were recorded within the correct reporting period.
Recommendation
We recommend tracking grants by using the class or customer functions when recording revenue and expenses in QuickBooks. In addition, we recommend cumulatively reconciling invoices sent to Maine Department of Labor.