Derive the Available to Grant Amount from a Grants plus Admin Spending Policy

If you calculate the amount you have available to Grant by calculating your total Spending Policy and subtracting Administrative Fees, do the following:

Note: Before you begin, you must run the Edit and Post Administrative Fees utility (select the Spend Policy Admin Fees radio button when you run the utility). See Editing and Posting Administrative Fees in the Fund Management module for more information.

1. From anywhere in FIMS, select View > Spending Policy > Create Recurring, GL, or Budget Entries.

2. Select the Spend Pol Minus Admin Fees radio button.

3. Select the G/L Entries radio button.

4. Enter the current Fiscal Year.

5. Select the desired Funds to Create Entries For.

6. Enter the appropriate Debit Account and Credit Account.

7. Click OK.