Oracle®
Grants Accounting provides your organization with the ability
to completely track grants and funded projects from inception
to final reporting. Oracle Grants Accounting provides a
fully integrated system that supports multi-funded projects
and the required compliance terms and conditions by award.
Oracle Grants Accounting supports validation of allowable
costs as well as flexible budgetary controls to ensure fiscal
responsibility. Reporting is comprehensive, supporting internal
and external reports and queries needed to effectively manage
funded projects. Oracle Grants Accounting is part of the
Oracle E-Business Suite, an integrated set of applications
that are engineered to work together.
Award
Management
To effectively manage funded projects, Oracle Grants Accounting
includes user defined award templates, which provide an
easy method of recording the appropriate level of data and
assists in maintaining consistency and standardization of
award details.
Detailed
award information includes award attributes like the award
number, award name, funding source, installment funding,
multiple references, budgetary controls, terms and conditions
and key personnel. Oracle Grants Accounting also maintains
the start, end, close and pre-award dates for the award.
Additionally, Oracle Grants Accounting stores the sponsor
contacts, reporting requirements, and compliance parameters.
Oracle
Grants Accounting provides users with the ability to keep
track of all installments, supplements, and amendments to
the award. Not only can users record the actual installments
received, but they can also record future commitments and
produce future funding forecasts. For each installment,
Oracle Grants Accounting stores the start, end, and close
dates.
