[ BEN Financials ]
301.NEW.BUD: Budgetable Amount - Grants/Contracts
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Last Updated: 05/12/2014
Please note: For reporting on balances prior to 01-May-2014, please use the 301.OLD.BUD: Budgetable Amount - Grants/Contracts report. For reporting on balances from 01-May-14 onwards, please use this report.
The 301.NEW.BUD report provides information
about the Project Budget (formerly called Authorized Budget or PBUD), the project-to-date operating budgeted amounts, and the amount available to be budgeted for grant funds. Operating budget information is provided at the ORG/FUND/CREF level for all
grants within a given Responsible Organization (RESP ORG) or
range of RESP ORGs; sub-totals are provided at the FUND level.
This report shows budget information only - what is
authorized to be budgeted vs. what is currently budgeted (all
budget entries excluding the budget for object code 4600 - grant
revenue). No actuals are shown.
This report can be used to check the budgets for grant funds. The user can choose to report on all
grants for a given RESP ORG, or alternatively, only those grants with a budget discrepancy. Within this context, a discrepancy is defined as a grant where either the calculated "amount available to be budgeted" is not zero (that is, the grant is either over or under-budgeted) or where there is a discrepancy between the Project Budget (formerly called Authorized Budget or PBUD) and the Project Funded Amount (formerly called Total Award or PBIL) for the grant.
The report break determines the page break and the first level sort for this report.
Report 301.NEW.BUD breaks at Responsible Organization (RESP ORG). A new page
will be created for each unique RESP ORG reported.
The 301.NEW.BUD report uses three levels of sorting. The first level is the report break
(RESP ORG). Within each unique RESP ORG, information is sorted and displayed by
FUND; for each FUND, information is sorted and displayed by ORG/CREF.
No report template is used for this report.
The following parameters are provided for account selection on the 301.NEW.BUD report:
1. Period Name (Accounting Period)
2. Report Option
3. Resp ORG Low/High
4. Fund Low/High
The Accounting Period, Resp ORG, and Fund parameters work similarly to other General Ledger Reports (see
Section 6, Report Parameters). The following provides information on the additional parameter (Report Option) used in this report.
This parameter is used to define the group of grants that should be included on the report.
Option '1': Use this option to include all active grants for the
specified RESP ORG value/range of values.
Option '2': Use this option to include only those grants which have a
budget discrepancy of some sort (i.e., either the amount available to be budgeted
is not zero, or the Project Budget (formerly called Authorized Budget or PBUD) is not equal to the Project Funded Amount (formerly called Total Award or PBIL)).
The report heading includes the following information:
- Responsible Organization
Indicates the numeric code and name of the Responsible ORG for all funds listed in this section of
- For Month Of: MMM-YY
Indicates the accounting period through which project-to-date totals are provided. Accounting period
is provided as a parameter when the report is requested.
- Amount Available
Indicates how to interpret the debits and credits displayed on the report.
Dr - Available
Cr - Overbudgeted
- Report Type
Indicates the report option (all grants or just discrepancies) specified for this report.
From left to right, the report columns provide the following information:
- RESP ORG
This column provides the numeric code for the Responsible ORG for the fund being reported.
This column displays the fund number of the grant being reported.
- FUND Description
This column displays the name of the grant fund being reported.
These two columns display the ORG and CREF values of the account for which budget
information is being provided.
- Account End Date
The anticipated account end date (fund attribute) for the grant fund being reported.
- Project Budget (formerly called Authorized Budget or PBUD)
The amount displayed in this column is in the Grants/Projects module, and represents the project-to-date Project Budget amount for the fund as of the specified Accounting Period.
In most cases, the Project Budget (formerly called Authorized Budget or PBUD) and the Project Funded Amount (formerly called Total Award or PBIL) amounts should be the same. Advance accounts are an exception - in such cases, the Project Budget amount represents the amount the school has authorized to spend in advance of the final award notification, while the Project Funded Amount will be zero until the notification is received and processed.
Net Budgeted Without Overhead
The amount in this column represents the sum of the project-to-date operating budget entries in the following groups of object codes: TEXP (e.g., compensation, current expense, equipment, student aid, etc.) and revenue, excluding grant revenue (object code 4600).
- Budgeted Overhead
The amount in this column represents the sum of the project-to-date operating
budget entries for overhead (object codes 5282 and 5292).
- Total Budgeted
The amount in this column represents the sum of Net Budgeted Without Overhead plus
Amount Available To Be Budgeted
This column represents the difference between Project Budget (formerly called Authorized Budget or PBUD) and Total Budgeted. A debit balance here indicates that the grant is underbudgeted; a credit balance indicates that the grant is overbudgeted. This column is calculated only on the sub-total line for the
fund; this column will be blank for individual ORG/CREF combinations of the fund.
Project Funded Amount (formerly called Total Award or PBIL)
This amount appears immediately above the fund sub-total line. This balance is in the Grants/Projects module, and represents the maximum billable award for this grant.
Last Page Of The Report:
On the last page of every report, two pieces of important information are provided: Report Parameters
and Report Break - Resolved Parameters.
- Report Parameters
The parameters used to request the report are printed on the last page as confirmation of
what was requested. If the account combinations returned to you in the report are not what you expected,
the report parameters list is a useful first place to start. At a minimum, you can verify the range of
values you provided at the time you submitted the report.
- Report Break - Resolved Parameters
The list provided here presents the list of values within the range you provided as Report
Parameters that passed security verification. When a report is submitted, ORGanization parameters that
were provided are compared against your security profile. All ORGanizations in the range that match
your profile will be returned to you in the report.
This is a good place to look if you did not get the results you expected. Compare the list of
ORGanizations in this list against the parameter range you provided. If an ORGanization is
missing, chances are it does not exist in your security profile.