The Funding Summary acts as the homepage for the Funding Module, and contains information on viewing, reviewing, and publishing Funding, as well as giving Users access to Estimate Utilities.


Availability

Users that have any of the Funding related permissions active will have access to the Funding Summary. 


Navigation

Modules > Funding


Summary


The iSite Funding module allows you to track funding at the Task level on your government contract.  Funding is managed by a series of funding requests and funding actions.  A Funding Request is a request submitted by a user for a specific type of funding and the requested amount of funding.  

A Funding Request (and subsequent Funding Action) can be one of the following three types:


Available Funding Actions:


  • Amendment
    • An increase of funding by introducing new fund sources.
  • ^Revision
    • An increase or reduction in funding levels for existing fund sources.
      • Negatives total values are only allowed upon creation of a fund source. 
      • Existing Fund Sources can only have funding reduced to 0.
      • Existing Fund Sources and new Fund Sources can always have deltas above 0. 
  • ^Deobligation
    • A reduction in funding for existing fund sources.
      • Creation of new fund sources is not allowed.


-Once a Funding Request is submitted, a Funding Action can take place.  The person replying to the Funding Request (known as the Funder), has the ability to adjust the type of Funding that was requested, and then also applies Funding by modifying existing Fund Sources or adding new Fund Sources.


-Once a Funding Action is created, reviewed and approved, the data is published to the Reporting tables for consumption within reports and existing Financial utilities.


-While iSite supports the “Funding Request – Funding Action” scenario, iSite also supports a scenario where a Funding Action can be initiated independent of a Funding Request.


-In addition, iSite supports Funding activities on a stand-alone basis, with basic workflow capabilities as well as formalized Funding activities within a Task Order Request workflow.



Standard Funding Fields

  • Fund Source: Key to a funding record
  • SubTask: 
  • Cost Center
  • Fund WBS
  • Fund
  • Funded Amount



Custom Fields

-iSite Supports up to 10 Custom Fields that can be saved within a Funding Action. 


-These fields will be available for entry When editing fund sources and can be viewed by hovering your mouse over the "..." symbol or when opening a fund source viewer. 



Processes

iSite offers the following funding processes:


  1. *Funding Requests: Process in which a ISite Security group can be allowed to create a funding package and request a amount to be funded. 
    • Optional Review Step can be configured. 
    • Upon Approval this will become a funding action. 


  1. +Funding Actions: Process in which a ISite Security group can configure Funding Action type and required properties for a funding to be published. 
    • Optional Review step can be configured. 
    • Upon Approval this will do one of the following:
      1. Start the Optional Funding Obligation Process or
      2. Publish the Funding Package 


  1. *Funding Obligation
    • Process in which funding packages can be grouped and selected and PR information entered and saved.
    • After this has been done, it can be reviewed at which time PO information can be entered and saved
      • Upon completion, the funding package will be published. 


  1. *Funding Transfers
    • Process in which funding ammounts can be distributed to other fund sources.  





The Funding topic is comprised of the following main subtopics:





*Optional Process For using iSite Funding

+Process available via iSite Workflow

^Funding Package Type Not allowed when Funding Obligation Process is set to yes


This topic under construction




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