Grant Accounting: business process flow

This example was designed on the base of the workflow diagram from the North Carolina Office of the State Controller website. [osc.nc.gov/sigdocs/sig_docs/documentation/policies_procedures/flow.html] "Grants are non-repayable funds or products disbursed by one party (grant makers), often a government department, corporation, foundation or trust, to a recipient, often (but not always) a nonprofit entity, educational institution, business or an individual. In order to receive a grant, some form of "Grant Writing" often referred to as either a proposal or an application is required. ... Most grants are made to fund a specific project and require some level of compliance and reporting. The grant writing process involves an applicant submitting a proposal (or submission) to a potential funder, either on the applicant's own initiative or in response to a Request for Proposal from the funder. Other grants can be given to individuals, such as victims of natural disasters or individuals who seek to open a small business. Sometimes grant makers require grant seekers to have some form of tax-exempt status, be a registered nonprofit organization or a local government. ... Project-related funding involving business, communities, and individuals is often arranged by application either in writing or online." [Grant (money). Wikipedia] The workflow diagram example "Grant Accounting: business process flow" was created using ConceptDraw PRO software extended with the Business Process Workflow Diagrams solution from the Business Processes area of ConceptDraw Solution Park.
Workflow diagram
Workflow diagram, timer, sync, recycle, settings, script, process, pencil, on-page reference, invoice, investment, events calendar, dollar sign, decision, corner arrow, calculator, budget, banknotes, bank, arrow up, arrow right, arrow down, accounts payable, accounting,