The Financial Management feature allows you to track your funding and program budgets directly within your SurveyMonkey Apply site as well as grant awards to your applications.
If you don't have Financial Management enabled on your site, please contact the Customer Success team at smapplycsm@surveymonkey.com.
This setting will allow you to determine whether or not you will be able to go into a deficit on your Program Budgets.
To Enable/Disable this option:
With this option disabled, you will not be able to award applicants more than what the program budget or funds allow.
By default, there will be a set of Award Statuses available. Each Award status will be categorized as Award Allocated, Award Payment, or Cancelled, however, you can modify the statuses within these categories as needed.
To set up a Custom Award Status:
NOTE: If you wish to rename or delete a status, hover over the status and click on the Ellipses icon and click to Rename or Delete.
In order to see all of the Financial Transactions in your site:
Here you will be able to see all transactions in regards to moving amounts between funds and program budgets and awarding applications. You can apply filters to the transactions as well to narrow the results.
In order to view the transactions for a specific program:
This will display transactions specific to this program, including funds that have been allocated to it and applications that have been awarded.
Once you have awarded your application you can later choose to change the status on the award or update the allocated amount given to the application.
To perform this update:
If you have awarded or declined the application and wish to change your decision, you can take the following steps: