8.12.5 Subvention Sub Tab

This topic provides information on the Subvention section, which records and manages subsidies or financial support allocations, ensuring transparency and accountability in funding processes.

With the Subvention sub screen, user can enter the subvention information and calculate the subvention amount, as well as override the calculated subvention amount. The participant’s information is automatically populated based on the selected subvention plan.

To use the Subventions sub screen
  1. On the Origination, click Origination. Under Origination, click Funding.
  2. Under Funding, click Funding tab. Under Funding tab, click Contract. Under Contract, click Subventions.
  3. In this section, user can perform any of the Basic Operations mentioned in Preface.
  4. A brief description of the fields is given below:

    Table 8-8 Subventions

    Field Description
    Subvention Displays the subvention section.
    Plan Select the subvention plan code.
    Description View the subvention plan description
    Sub Plan Select the sub plan.
    Sub Plan Description Select the subvention sub plan.
    Subvention Type View the subvention type
    Subvention Amount View the subvention amount for the plan.
    Include If selected, indicates that the subvention is included.
  5. Click View in the Subvention Details section.
    View the following:

    Table 8-9 Subvention Details

    Field Description
    Participants Displays the participants section.
    Participant Displays the participant.
    Participant Type Displays the participant type
    Collection Method Displays the collection method.
    Rate Displays the subvention rate.
    Rent Factor Displays the subvention rent factor.
    Calculation Method Displays the subvention calculation method.
    Factor Displays the factor.
    Calculated Amount Displays the calculated subvention amount.
    Subvention Amount Specify the subvention amount.
    Total Subvention Rate Displays the total subvention rate.
    Total Subvention Amount Displays the total subvention amount.
    Include If selected, indicates that the subvention is included.
  6. Click Initialize to reset the subvention amount to zero.
  7. Click Calculate to calculate the subvention amount.
  8. Perform any of the Basic Actions mentioned in Preface.