12-23-2009 7:49 AM
Hello Everyone,
We are trying to built a project in Higher Education & Research and we faced some difficulties while studying about Grant Management.
We couldn't exactly define the relationship between the Grants Management (in SAP Easy Access Menu > Accounting > Public Sector Management > Grants Management) and the Grant Management in HER. Also we are unsure about how we can use the document in HER- Wiki Sdn website "Grants Management for Grantee Organizations". Do we need to use Grant Management under the Publc Sector headline too or is Grant Management (in HE&R) enough for us to manage grants?
Best Regards,
Ayşe S.
Edited by: MBIS Team MBIS Team on Dec 23, 2009 9:49 AM
12-31-2009 6:10 AM
Dear Ayse,
To build a relationship between SLCM and GM, use the Grants Management with SLCM system option in Student accounting.
Grants Management (GM) provides flexibility to account for funds on a fiscal period basis other than the University's FY and shows financial information form a sponsor's perspective. GM enables end-users to:
Plan, budget, identify, obtain, and record all funding related to received grants
Plan, budget, identify, obtain, schedule, perform, and record the tasks and activities related managing the sponsored programs and furthering the sponsor's and organization's objectives
Differentiate between eligible and ineligible costs
Bill and record sponsor amounts
Record and report all related costs, revenues, and required statistical information
Document on SDN addresses the requirement of customers who want to specify a Funds Management period to allocate released GM budget using the FM distribution key in the GM budget workbench.
If you are supposed to handle all the above activities, i believe, then you should use Grants Management for Grantee Management from Public sector domain.
Hope to get more clarifications on the same from other experts too.
Regards
Vinod Kumar