Contracts & Grants Billing Object Code

Overview

When General Ledger Pending Entries are created by Contracts & Grants Invoices, the General Ledger Pending Entries are determined by the Contracts & Grants Invoice Object Code table using the Sub-Fund Group Code on the Account that is being invoiced. 

Income (or Deferred Revenue) and Receivable object codes can be set at either the Fund Group, Sub-Fund Group or the Sub-Fund Type Code. The system will look for the lowest level value to determine the appropriate object codes to use. If there isn't a Sub-Fund Type code, it will look for a Sub-Fund Code, if there isn't a sub-fund code, then it will look for a Fund Group. If no values have been defined, the invoice will not be created and will be added to the Contracts & Grants Invoice Errors log or if the Invoice is being manually created, an error will be presented on submit or approval that the General Ledger Pending entries are incomplete. 

Contracts & Grants Billing Object Code 

Complete either the Fund Group Code, Sub-Fund Group Type Code or the Sub-Fund Group Code. Chart, Receivable and Income Object Codes are required. 

NOTE: A deferred revenue object code can be used in place of an Income Object Code.