Grants Management Grantee can be implemented with customizable grant lifecycle status depending upon the organization needs. Each lifecycle status can be customized for applicable transactions.
Planning and budgeting functionality is available for each lifecycle status, and can be copied and changed between statuses.
Grant indirect cost postings and Grant specific resource related billing can be posted.
Reporting is available from grants management based on the sponsor requirements and in Financials from the grantee perspective.
This scenario consists of the following steps:
- Create and Maintain Grant
- Create Master Data
- Plan and Budget for Grant
- Calculate and Post Indirect Costs
- Create Grant Bills
- Grant Reporting
Click here to download PDF version.. Grant Management – Grantee Process