R0152 Activity Analysis Report for Gifts
In order to see all gifts for the lab, choose the lab’s gift hierarchy in the organization prompt.
If the lab has an endowed gift, that specific gift worktag must be selected in addition to the gift hierarchy in order to see all of the lab’s gifts on the same report.
To save regularly used parameters, such as the gift hierarchy and the endowed gift worktag, create a filter that can be easily selected to return the desired report. Filters can be updated at the start of each new fiscal year.
The Financial Budget is prepopulated to the current fiscal year Operating Budget. The operating budget is the financial plan for the institute’s revenue and expenses over the current fiscal year. This budget is the projected amount the lab will spend on the gift in the fiscal year. It is determined collaboratively by the Research Finance team and Lab during the annual and quarterly budgeting discussions.
The Gift Budget will display here below next to the selected Financial Budget. The Gift Budget is the beginning life balance of the gift at the start of the fiscal year. The gift budget can be amended to include new gift funds received throughout the fiscal year.
Please note that budget checking is based on the gift budget, so it is possible to spend more than what is projected in the current operating budget during the fiscal year.
The amount in the balance column is the actual balance remaining on the gift.
Additionally, the report auto excludes postings to award indirect costs and the spend categories Indirect cost F&A expense (SC1400) and Internal Indirect (SC1410).