Accounting Rules Categories - Grant Accounting Rules

Definition:

Specialaccounts exist to set up the grant accounts life-to-date revenue and expenditureamounts and offset the grant entries. Grant awards, adjustments and correctionsshould be entered through the Budgetary Control (BC) module using the Journal Voucher screens.

Rules:

GAGrant Award Rule

  • Records Life-to-Date revenuesand posts the grant award offset.
  • Use a 15 document ID.

 

Account

Keyed
Sequence

#
Accounts

Posted
Centers

Posted
Rvrs

DR/CR
43

 
1

2
65

659320
Same as Keyed

~~~~
No

Yes

 

 


65Life-to-Date Grant Budget Correction - Data Type 2

  • Records Life-to-Date revenues.
  • Use a 15 document ID.

 

Account

Keyed
Sequence

#
Accounts

Posted
Centers

Posted
Rvrs

DR/CR
43 
1
65
Same as Keyed
No

 

  


75Life-to-Date Grant Budget - Data Type 2

  • Records Life-to-Date expenditures.
  • Use a 15 document ID.

 

Account

Keyed
Sequence

#
Accounts

Posted
Centers

Posted
Rvrs

DR/CR
53 
1
75
Same as Keyed
No

Details

This resource is related to: