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

Review output to find any out-of-balance funds.

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

From Fund: for range

To Fund: for range

Fund: for a single fund

Posting Date: month-end

■ Execution Mode: Audit

Report Type: Detail

Save.

Review output to ensure indirect costs are posted correctly.

FRRGRNT Deferred Grant Process

Run in Update mode for all funds

FGRTRNI Transaction Interface

Save

Review output

FGITRND query G document

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