Oracle Grants Accounting is a software that helps institutions manage grants and sponsored projects. It allows for award management, installments, multi-funding, funds control, and encumbrances. The grants accounting process involves award management, budgets, transactions, indirect costs, billing, reporting, and closeout. When using Oracle Grants Accounting, there are three approaches to entering and reporting expenditures: project-centric, grants-centric, or general ledger-centric.

1. Overview of Oracle Grants
Accounting

2. Objectives
– Discuss the major features of Oracle Grants
Accounting

3. Agenda
• Overview of Oracle Grants Accounting
• Grants Accounting Process flow

4. Overview
Award
(External Funding)
Higher Education
Projects
Installment 1 Installment 2
Grantor
Oracle Grants Accounting
Example of Higher Education utilizing Oracle Grants Accounting
Reporting

5. 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

6. Grants Accounting Terminology
Award
Cost Share
F&A Costs
Funding Source/Sponsor
Sponsored Project
Direct Costs
Dates
Allocable Costs

7. Key Features
Award Management
Installments
Multi-Funding
Funds Control
Encumbrances
Award Distributions
Billing at the Award Level
Billable Capital Projects
Burden Cost Limits

8. Agenda
• Overview of Oracle Grants Accounting
• Grants Accounting Process flow

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

10. Approaches to Expenditures and
Reporting
Project-centric
Grants-centric
When you use Oracle Grants Accounting, you have three options
when you enter and report on expenditures.
General Ledger-centric

11. Summary
– Discuss the major features of Oracle Grants
Accounting