Award Types Setup

This chapter describes the award types setup.

This chapter covers the following topics:

• Definition
• Overview
• Setting Up Award Types Procedure
• Agreement Types Window Description

Definition

Award types are an implementation-defined classification of awards. Typical award types include federal grants and private grants.

Overview

Defining award types is a mandatory setup step for Grants Accounting and is completed before setting up award templates.

Setting Up Award Types Procedure

To set up an award type, perform the following steps.

1. 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.

2. Enter data in each field of the Agreement Types window as described in the Agreement Types Window Description table.

3. Save or save and continue as follows:

   File - Save or Save and Proceed

4. Close the window.

Agreement Types Window Description

Agreement Types Window Description

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