Instrumentl Spenddown provides a single, up-to-date view of how grant funds are being spent. Through a secure, one-way sync with your accounting system, it automates Budget vs. Actuals (BvA) tracking so you can clearly see what’s been spent, what remains committed, and what is still available — without manual exports or repeated data pulls from Finance.
This shared visibility makes it easier for Grants, Finance, and Program teams to stay aligned on restricted funding throughout the post-award process.
* Spenddown is available on Instrumentl’s Advanced Plan and supports one way, read-only syncs with Sage Intacct and QuickBooks Online.
Why Use Instrumentl Spenddown?
Instrumentl Spenddown brings your approved budget, actual expenses, and planned costs into one shared system so everyone can see the full financial picture in real time.
With Spenddown, you can:
Track Budget vs. Actuals without rebuilding reports each month
Reduce manual spreadsheet errors and version confusion
Give Grants and Program teams visibility while preserving Finance’s source of truth
Identify over- or under-spend risks earlier
Export clean, funder-ready financial reports in minutes
By centralizing your grant budget and expense data in one place, Spenddown makes it easier to generate accurate reports and answer key questions like:
“How much do we have left to spend?”
How Spenddown Works
Spenddown connects three core components to give you a complete Budget vs. Actuals view:
1. Your Funder-Approved Budget
Upload your approved award budget (PDF or spreadsheet), and Instrumentl will parse it into structured categories.
This becomes your working budget inside Instrumentl — organized, editable, and ready to sync.
2. Your Accounting System’s Actual Expenses
Spenddown connects to:
Sage Intacct
QuickBooks Online
The integration uses a secure, one-way sync. Instrumentl pulls expense data from your accounting system but never writes data back, so Finance remains in full control of the general ledger.
During setup, you’ll map your accounting categories to your Instrumentl grant budget categories. After that, expenses sync automatically going forward.
3. Planned (Committed) Expenses
You can log expected or committed costs that have not yet appeared in your accounting system.
This allows your team to see:
What has already been posted
What is committed but not yet posted
What remains available to spend
Together, these components give you an accurate view of your grant budget at any point in time, not just a snapshot once the books are closed.
What Spenddown Does Not Do
To set clear expectations, Spenddown does not:
Replace your accounting system
Reconcile accounting discrepancies
Automatically correct miscategorized or mis-tagged expenses in your accounting tool
Spenddown is a translation and visibility layer. It helps your team understand and track grant-level financial data but it relies on clean accounting practices upstream.
Spenddown provides visibility into grant-level financial data by translating your accounting information into an organized Budget vs. Actuals view. This is reliant on accurate setup and clean accounting practices within your accounting system.
Who Is Involved in Setup?
Spenddown typically requires two stakeholders:
Finance / Accounting Manager
Authorizes the accounting integration
Confirms grant tracking dimensions are configured
Maintains accounting system accuracy
Grants Manager
Uploads and reviews budgets
Maps categories
Monitors spend and generates reports
Your Instrumentl Customer Success Manager is here to support you through initial setup and onboarding. After implementation, Spenddown is built to support smooth, self-serve management over time.
What’s Next?
If you’re just getting started, follow this recommended order:
Connect your accounting system
Upload and review your grant budget
Map your accounting categories
Review your first synced expenses
Generate your first Budget vs. Actuals report
Each of these steps has a dedicated Help Center guide to walk you through setup.
Contact Us
If you have any questions about Spenddown or need help with setup, we’re here for you. Message our friendly support team via the chat bubble when logged into your account, or email us at hello@instrumentl.com.
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