How to set up the Funding Manager
The following is an overview of the steps needed to set up funding for use in projects/shells. Details for each step are in the sections that follow, unless otherwise noted.
Setting up company and project/shell funding
Import and set up fund business processes. You can use business processes for fund allocations, fund assignment (also known as consumption; enabled on spends type business processes), and fund credits (also enabled on spends business processes). This step can be done at any point in this general procedure. Be sure you know which funding business processes you will be using for the project/shell before defining funding rules on the project/shell funding sheet.
Step 1: Create and set up the Company Funding Sheet (User mode). You define the funds in the company funding sheet, which can then be used for funding projects/shells. Only one company-level funding may be created per company. All project/shell funding sheets refer to the company funding sheet.
Step 2: Create and set up Project/Shell Funding Template (Administration mode). The funding template is used to create project/shell funding sheets.
Step 3: Create and set up the Project/Shell Funding Sheet (User mode). The project/shell funding sheet is based on the funding template. (You can also define the project/shell funding sheet in a project/shell template.) The funding sources available for the project/shell are defined in the company funding sheet.
Step 4: Define funding assignment rules. Funding assignment rules can be defined in the project/shell funding sheet or the funding template (or both). You can also determine the order in which to consume funds if you will be using automatic fund assignment from business processes. (This step can be done any time after creating the funding template. If you define assignment rules in a template, they will be carried over to the sheets created from them.)
Additional steps: Create funding rules in the rules engine. You can create funding rules in the rules engine that can help you manage your funds and fund balances. The most common rule is to keep your company fund balances from becoming less than zero. Configure permissions.
Last Published Wednesday, June 26, 2024