• Funds Control Module Desktop User's Manual Pdf
• Funds Control Module Desktop User's Manual 2016
• Funds Control Module Desktop User's Manual Download

This chapter contains the product overview.

This chapter covers the following topics:

Distribution, Control Point Activity, Accounting and Procurement (IFCAP) software, which is an application in the Veterans Health Information Systems & Technology Architecture (VistA). Purpose of the Technical Manual The IFCAP Technical Manual contains information that assists programmers, site managers,.

Definition

1. The user must have the Funds Control Role assigned to use the Allowance Advice module. To access the Allowance Advice Input Form, select Funds Control Process, then Allowance Advice from the MARS Menu. Allowance Advice Form The Allowance Advice form is used by the Funds Control Administrator to view and update.
2. 20 R-net Bluetooth Modules Technical Manual Chapter 2 - Installation that Mouse 2 has been set as an Output Mode for the system. The default Mode for Mouse 2 is Mode 4. To enable your R-net Control System to use a Bluetooth Module to interact with a Bluetooth iOS device, iDevice must be set as an Output Mode in the.

Grants Accounting provides organizations with the ability to completely track grants and funded projects from inception to final reporting.

Overview

Grants Accounting extends the functionality of Oracle Projects to provide an integrated award and project management solution for grant receiving organizations. Grants Accounting tracks multi-funded projects and the required compliance terms and conditions by award.

Grants Accounting supports the validation of allowable costs and effective dates, as well as budgetary control, to ensure compliance. Grants Accounting supports the following features to meet the functional requirements of grants management:

Multifunded Projects

The multifunding projects feature allows users to manage complex relationships such as where one award can fund multiple projects, or where one project is funded by multiple awards. Grants Accounting manages complex billing requirements where each award funding the same project can have different indirect cost recovery rates, different billing cycles, and different funding periods. Multi-funding also allows users to control spending against each award.

Award Management

Grants Accounting enables organizations to keep track of award attributes by storing the award name, multiple award references, the original proposal number, CFDA number, budget rules, and other administrative requirements. Data entry of award information is simplified by using user-defined award templates or by copying an existing award.

Grants Accounting stores the start, end, close, and pre-award dates for the award. Users can store attachments on awards to record extraneous information.

Grants Accounting provides users with the ability to keep track of all installments, supplements, and amendments to an award. Users can record both the actual installments received and future commitments, which enables the production of future funding forecasts. Grants Accounting stores the start, end, and close dates for each installment.

Grants Accounting also stores the contacts, reporting requirements, key personnel, and compliance parameters.

Workflow sends notifications to award personnel when an installment is activated.

Workflow also sends notifications to award personnel when an installment nears its end date. The notification lists open Oracle Purchasing and Oracle Payables commitments.

In addition, Grants Accounting sends report notifications to notify recipients that a report due date is pending. This feature ensures the timely submission of required reports.

Flexible Funds Control by Award

Users can specify the interval for which Grants Accounting must perform funds control. Users can specify whether to check funds available for a period, year, or life of the award.

Grants Accounting allows users to define the level of control for an award and to decide whether to allow transactions that exceed available funds. Users can define the funds control level at the award, task, resource group, or individual resource levels. Grants Accounting supports more than one control level, allows users to define funds control for each award, and vary funds control from one award to another.

Powerful Indirect Costing

Grants Accounting calculates and accounts for the cost of each transaction based on user-defined rates and rules. Total project costs can be tracked by applying a buildup of indirect costs to the direct costs, thus eliminating the need for month-end indirect cost allocations.

Grants Accounting includes indirect cost features that allows users to post indirect cost components such as fringe, overhead, and surcharges to separate general ledger accounts.

Online Invoice Review and Approval

Grants Accounting creates draft invoices for online review and approval based on user-defined billing cycles and invoice formats. When invoices are adjusted online, the source transactions are automatically updated. Reviewing and adjusting invoices online simplifies and shortens the reconciliation process. Grant invoices are interfaced to Accounts Receivables.

Simplified Billing

Award billing cycles can be automated to streamline the process. Invoices based on detail transactions charged to the award are automatically generated using user-defined billing cycles or by using performance milestones. Retroactive rate changes automatically result in credits of new invoices while Grants Accounting maintains an audit trail of previously billed invoices.

Award Status Inquiry

Grants Accounting provides online status of awards using the award status inquiry. For each award, users can view all actual and encumbrance expenditures in total. Grants Accounting provides a complete view of budget and expenditures by resource group across the entire award.

Integration with Oracle Financials

Grants Accounting integrates with Purchasing, Payables, and Projects to allow the entry of grants-related requisitions, purchase orders, and supplier invoices using those products.

Award Security

Grants Accounting provides award-based security to protect data ownership and sensitivity in relation to a given award. Users can define who can access, query, and update award information.

Government Reporting

Grants Accounting provides the standard forms to satisfy government reporting requirements and financial management of awards. The standard forms included are SF1034, SF1035, SF269, SF270, and SF272.

Award Distributions

Award distributions allows users to determine transaction charging instructions for expenditure items based on a predefined funding pattern for cost distribution.

Funds Control Module Desktop User's Manual Pdf

Multiple Organization Support

Grants Accounting manages projects and awards from multiple organizations within a single installation. Security features ensure that each operating unit views and processes its own project or award costs and billings, yet the higher level operating unit can view all project costs across operating units and further process those costs and billings.

Multi-Currency

Grants Accounting supports multi-currency transactions. Data can be viewed at the transaction, summary, and manual encumbrance levels. At the transaction level, both actual and functional currency are viewable. At the summary levels, such as Budget, Award Status, and Project Status, only functional currency is viewable. At the manual encumbrance level, only functional currency is viewable.

Funds Control Module Desktop User's Manual 2016

Integration with Oracle Subledger Accounting

Oracle Subledger Accounting is an intermediate step in the accounting flow between subledger applications and Oracle General Ledger. Grants Accounting generates accounting events for costs and revenue and creates accounting for the accounting events in Oracle Subledger Accounting. Oracle Subledger Accounting stores a complete and balanced subledger journal entry in a common data model for each accounting event that requires accounting. Oracle Subledger Accounting transfers the final accounting to Oracle General Ledger.

You have the option of defining your detailed accounting rules for Grants Accounting in Oracle Subledger Accounting. If you define your own detailed accounting rules in Oracle Subledger Accounting, then Oracle Subledger Accounting overwrites default accounts, or individual segments of accounts, that Grants Accounting derives using AutoAccounting.

Integration with Oracle Labor Distribution

Grants Accounting interfaces with Oracle Labor Distribution to accept summarized distribution lines that capture charging instructions for each employee and apply the labor costs to projects and awards.

Integration with Oracle Grants Proposal

Grants Accounting integrates with Oracle Grants Proposal to create awards and budgets from funded proposals.

Functionality Differences Between Projects and Grants Accounting

Funds Control Module Desktop User's Manual Download