This document provides an overview of the Oracle Grants Accounting process including award management, budgets, transactions, indirect costs, billing, reporting, and closeout. It outlines the key elements used for expenditure entry, including project, task, expenditure type, and organization. The document also mentions optional practices for grants accounting such as entering encumbrances, revising funding patterns, and creating additional award budgets and projects.

1. Summary of R12 Grants
Accounting Fundamentals

2. Objectives
– Discuss the key aspects of Oracle Grants
Accounting

3. Grants Accounting Process Flow
Reporting and
Closeout
Revenue
&
Billing
Award
Status
Inquiry
Control &
Compliance
Indirect
Costs
Transactions
Award
Budgets
Award
Management

4. PTAEO
Project
Task
Expenditure
Type
Award
Street Lighting
10 streets
Street Renovation
Grant
Bulbs
Expenditure
Organization
Department of
Public Works
The elements of code structure on the basis of which expenditure entry is
created in Oracle Grants Accounting

5. Enter and Process Encumbrances
Revise a funding pattern
Optional Case Study
These practices are part of an Optional Case Study Exercise
Create additional award budgets
Optional Practices
Create another award and fund projects
Create another project

6. Summary
– Discuss the key aspects of Oracle Grants
Accounting