- Review payroll expenses charged to grant FOAPs and reclassify any expenses that are incorrect.
- Apply indirect costs, as applicable in grant setup, and recognize grant revenue.
- Run transaction interface to post revenue recognition and indirect cost to the general ledger.
- Verify entries have been posted.
- Run grant trial balance.
- Fund:
- ■ Save
- oReview output to find any out-of-balance funds.
○ FRRGRNT Deferred Grant Process
- Printer: DATABASE
- ■ Recalculation: No (Yes if making an indirect cost correction)
- Date From: first of month being processed
- Date To: month-end
- Chart of Accounts: 1
- Fund Option:
- All Funds
- Specific
- oFrom Fund: for range
- oTo Fund: for range
- oFund: for a single fund
- Posting Date: month-end
- ■ Execution Mode: Audit
- Report Type: Detail
- Save.
- oReview output to ensure indirect costs are posted correctly.
- oFRRGRNT Deferred Grant Process
- Run in Update mode for all funds
- oFGRTRNI Transaction Interface
- Save
- oReview output
- oFGITRND query G document
○ FGRTBAL
- Fiscal Year: current FY
- ■ Chart of Accounts: 1
- As of Date: month-end
- Include Accrual: Yes
- Fund Option:
- Range
- Specific
- From Fund: 200000
- ■ To Fund: 299999
- Save