1. Implementing Project Financial Management and Grants Management
  2. How do I define the financial plan type to create an award project budget?

How do I define the financial plan type to create an award project budget?

Define the financial plan type to create approved cost budgets for award projects.

  1. In the Setup and Maintenance work area, go to the Manage Financial Plan Types task.

  2. Click the financial plan for sponsored projects.

  3. In the Edit Financial Plan Type for Sponsored Project page, select the Set as default award financial plan type and Enable budgetary controls check boxes and clear the Use workflow for status changes check box.