This chapter describes the award types setup.
This chapter covers the following topics:
Award types are an implementation-defined classification of awards. Typical award types include federal grants and private grants.
Defining award types is a mandatory setup step for Grants Accounting and is completed before setting up award templates.
To set up an award type, perform the following steps.
In Grants Accounting, navigate to the Agreement Types window as follows:
Setup - Billing - Award Types
Note: Grants Accounting uses the Agreement Types window to define award types.
Enter data in each field of the Agreement Types window as described in the Agreement Types Window Description table.
Save or save and continue as follows:
File - Save or Save and Proceed
Close the window.
Field Name | Type | Features | Description |
---|---|---|---|
Name | required | award type name | |
Description | optional | award type description | |
Default Terms | optional | list of values | if selected, payment terms default when award of this type is entered |
Default Revenue Limit | optional | check box | not applicable to Grants Accounting |
From | required | list of values: pop-up calendar | award type starting date |
To | optional | list of values: pop-up calendar | award type ending date |
Descriptive Flexfield | optional | user customization field |