This KPI is a calculation of the REAC MENAR Financial Ratio used in FASS. MENAR is an acronym for Months Expendable Net Assets Ratio and it measures a project’s ability to operate using its available, unrestricted net resources without relying on additional funding. It compares the net available unrestricted resources to the average monthly operating expenses and shows how many months of operating expenses can be covered with the currently available unrestricted resources.
It is best to run this KPI daily or weekly if there are problems you want to monitor closely. If you do not have problem areas to monitor, the KPI should be run at least monthly in order to accurately track your agency’s ability to operate on net unrestricted resources without relying on additional funding.
Daily: Values are updated in HIP at the end of each day.
Monthly: Values are created, or archived, at the end of the month; you can compare each month using the historical view.
The data in this KPI is also found in the FDS Balance Sheet report in the WinTen² General Ledger program. To access this report in General Ledger, follow the directions below:
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