Session 15 GL_Revenue Project Relationships Focus on Reports To print: Right click Choose “Print” Change option “Print What?” from “slides” to “note pages”

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Presentation transcript:

Session 15 GL_Revenue Project Relationships Focus on Reports To print: Right click Choose “Print” Change option “Print What?” from “slides” to “note pages” Click ok

What is a Revenue Project?

At UVA, we use a concept called a ‘Revenue Project’ to identify which specific funds are designated for use by an award and its associated projects and tasks.

Sometimes there is a need to account for different sources of revenue separately, but combine and treat them as one consolidated pool of revenue. In this case a rollup “Revenue Parent” project is created. Revenue from each of the single child projects associated with the “Revenue Parent” is combined and treated as one revenue project. Revenue Parent P P P RP 0028 Child Projects

As shown above, a project can be funded by more than one award. It is the “A” in the PTAEO charging instruction that specifies which revenue projects funds are being spent.

GL_Revenue Project Relationships This report provides schools and departments the ability to view: All awards, projects, and tasks associated with a revenue project. The children of a revenue parent (RP…..) project, and A list of revenue project managers

All Relationships by Organization Revenue Parent - Child The report has 4 tabs: Revenue Project Managers

The first two tabs layouts show the revenue project on the left followed by awards that are linked to the revenue project, and any projects funded by the award and the tasks assigned to the projects. The second tab limits the revenue project to just those owned by a specified org.

The third tab, Revenue Parent – Child, lists all the children associated with a revenue parent. Select the desired revenue parent number in the page item to see it’s child projects. Note: Funds can NOT be deposited directly to a Revenue Parent (RP….).. Funds must be deposited into numeric child projects. All child project deposits roll up to a Revenue Parent Project.

This last tab shows all the revenue project managers for the org selected in the page item bar and the revenue projects assigned to the manager.

Questions