With the implementation of the award verification procedure, departments may want to consider reallocating budgets to more easily review budget balances in the Award Verification Tool at the project-activity period and/or expense account level.
CGA uses an internal budgeting process to establish sponsor-approved budgets in RAS and post initial budget journals to the General Ledger. This process appropriates the total budget for each award to the identified primary project and corresponding posting Dept ID in RAS. Where essential, or appropriate for award management, department administrators can reallocate the expense budget component between projects within the same award and/or activity period. The expense budget component may also be reallocated between accounts and Dept IDs.
Consult the recently updated Award Modifications and Budget Adjustments how-to guide for more information about completing budget reallocations for sponsored projects. If you have questions, contact your CGA Service Team.