Grants and Contracts

Principle

Amount of revenue posted to a sponsored activity. 

Source Of Amount

• SAP revenue GL's - reviewed annually 

• 499998 - Model only GL for 24 federal grant revenue distribution to colleges 

Step Down

None

Balance To Distribute

• SAP posts federal revenue directly except for DHHS and Department of Ed (Revenue source codes of 184, 193 & 195)
• SAP does not distribute the revenue on DHHS or Department of Ed, but retains it in 249900* cost objects.
• The model creates revenue for these two agency cost objects equal to their expenses within the year using the 499998 GL account
• Any balance remaining in the collector cost object (249900*) is retained in the general adm cost pool

SAP Vs Model

SAP will only show revenue in the 249900* cost objects. The Model will display the distributed revenue.

Q&A

• Will we ever distribute the revenue in SAP? No.