Skip to main content
Documentation
Documentation
Administrator Guide
Last Updated: 2024-01-26
Create Award Billing Schedule Templates

Create Award Billing Schedule Templates

Security:
Set Up: Grants Management
 domain in the Grants Management functional area.
Award billing schedule templates enable you to create award billing schedules more quickly by prepopulating them with basic information you configure on the template.
  1. Access the
    Create Billing Schedule Template for Award
     task.
  2. As you complete the task, consider:
    Option Description
    Billing Type
    Select:
    • Installment
       to bill the award sponsor by installments.
    • Transaction
       to bill the award sponsor for cost-reimbursable spend lines.
    Schedule Type
    To create a billing schedule template for cost reimbursable award expenditures that automatically deduct from a prepaid amount, select a
    Prepaid
     schedule type.
    Billing Method
    Displays when you select an
    Installment
     billing type. Select:
    • Custom
       to customize each installment amount and date when you create the billing schedule.
    • Defined Installment
       to define the first, last, and regular installment amounts when you create the billing schedule.
    • Spread Even
       to spread the amounts evenly across installments.
    Use From Date
    Use the
    From Date
     in the schedule header to generate the installments. You can set this date by editing the schedule header when you create the billing schedule.
    Use To Date
    Use the
    To Date
     in the schedule header to generate the installments.
    Group All Related Contract Lines
    Select to generate 1 billing schedule for all award lines with the same billing type.
    Separate Billing Schedule
    Select to generate a different billing schedule for each award line that has a unique date. Workday puts award lines with the same date on the same billing schedule.