Grants Management - Grantee addresses the special needs of sponsored program administration for Grantee organizations:
1- Provides separate view of Grantee’s data from the sponsor’s perspective for managing and reporting all awards
2- Pre-award and post-award administration:
- Proposal
- Application
- Award
- Close-out
3-Budgeting solutions including cost sharing
4-Use of “released” and “unreleased” budgeting concept
5-Budget integration with Funds Management
6- Availability checking which can be used independently or in coordination with Funds Management availability checking.
Indirect cost (IDC) calculation for sponsor’s award
Uses and integrates SAP tools:
- Business partner functionality
- Business data toolset
- Workflow (future functionality)
- Business records management
- Schedule manager
GM Mater Data Elements definitions
1- Sponsor
Maintains the financial and administrative details such as Sponsor’s name, contact information, fiscal year, currency, billing instructions and funds available carryforward rules.
2- Grant
An object used to maintain details which describes the terms and conditions of the funding and administration of a Sponsor’s award.
3- Sponsored Class
An object used to summarize the Organization's expenses based on the Sponsor's cost categories.
4- Sponsored Program
An object used as a cost collector that reflects the Organization’s sponsored projects.
5- Fund
Represents source of funding either External: Sponsor Award Amount, or Internal: Grantee’s Funs and resources (i.e cost sharing)
Some Configurations guidance will be shared in Part 2
