PSF649 :: Grants

  • Pricing: Tier II
  • Duration: 4 Days

Summary:

This advanced level course teaches the fundamental concepts and features of the Grants solution. In this course, participants will perform the steps required to set up the Grants system enabling you to create a proposal, generate an award, manage the award budget, generate invoices and recognize revenue for the award transactions and any associated facilities and administration costs. Managing cost sharing, award advances and protocols will also be covered in this course. Using workflow, participants will process proposals and protocols through the review and approval process. Through lessons and hands-on activities, participants will learn the necessary skills to implement and process grants in accordance with their business needs.

Audience:

  • Functional Implementers
  • Project Team Members
  • Business Analysts
  • Consultants

Objectives:

  • Describe PeopleSoft Enterprise Grants key features
  • Prepare your PeopleSoft Enterprise Grants system for implementation
  • Prepare proposals for a funding opportunity
  • Manage awards
  • Manage protocols
  • Evaluate award funding in accordance with government regulations

Topics:

  • Preparing to Implement Grants
    • Explaining the Grants Integration Points
    • Explaining the Relationship Between PeopleSoft Enterprise Commitment Control and Grants
    • Explaining the Relationship between PeopleSoft Enterprise Contracts, Project Costing, and Grants
    • Setting Up a Grants Business Unit
  • Setting Up Facilities and Administration Cost Parameters
    • Describing the Facilities and Administration Calculation Process
    • Setting up Facilities and Administration Trees
    • Setting Up Facilities and Administration Options and Offsets
    • Setting Up Facilities and Administration Base Types
    • Setting Up Facilities and Administration Rate Types
  • Setting up Billing and Revenue Control Tables
    • Identifying the Components Required to Recognize Revenue and to Bill for Grant Awards
    • Explaining the Grants Revenue Process Flow
    • Explaining the Grants Billing Process Flow
    • Explaining the Accounting Entries Created by the Revenue and Billing Processes in Contracts
    • Setting Up an Unbilled Accounts Receivable Account
    • Setting Up Accounting Rules for Award Lines
    • Defining Distribution Accounting for Fixed-Amount Award Lines
  • Defining You Institution
    • Setting Up Institution Profiles
    • Defining Facilities and Administration Rates for your Institution
    • Defining Budget Identifiers
    • Setting Up Department Profiles
  • Setting Up Professionals in Grants
    • Explaining Professional Control Table Setup for Grants
    • Setting Up Control Tables for Institution Professionals
    • Setting Up Core Data for Institution Professionals
    • Setting Up Grants-Specific Data for Institution Professionals
  • Defining Award Sponsors
    • Defining Sponsor Profiles
    • Defining Sponsor Forms
    • Setting Up Sponsor Facilities and Administration Rates
    • Defining Sponsor Budget Items
  • Preparing Grants Proposals
    • Explain the Relationship Between Implementation Setup and Proposal Preparation
    • Explaining the Proposal Preparation Process
    • Explaining the Role of Workflow in Proposal Processing
    • Setting Up Grants Security
    • Preparing a Proposal
    • Preparing and Managing a Proposal Budget
    • Managing Proposals
  • Managing Awards
    • Performing the Award Generation Process
    • Managing Awards
    • Managing Award Contracts
    • Processing Award Budgets
  • Processing Grants Transactions
    • Describing the Grants Transaction Process Flow
    • Managing Facilities and Administration Cost Calculations
  • Managing Revenue for Awards and Facilities and Administration Costs
    • Explaining the Award Revenue Recognition Process Flow
    • Explaining the Steps to Preparing Awards for Revenue Recognition
    • Managing Award Revenue Plans
    • Running the Revenue Recognition Process
    • Managing Award Revenue
  • Managing Award Billing
    • Explaining the Award Billing Process Flow
    • Explaining the Steps to Preparing an Award for Billing
    • Managing Award Billing Plans
    • Executing the Contracts/Billing Interface Process
    • Managing Award Bills
  • Closing Out Awards
    • Explaining the Award Close Out Process
    • Closing Out Awards
    • Closing Out Projects
    • Closing Out Award Budgets