Create Award Schedules
Security: These security domains in the Grants Management functional area:
- Manage: Grant Proposal
- Process: Award - Core
You can create schedules for the years and fiscal periods applicable to the award. Award periods are based on quarterly and annual intervals that begin on the start day of the award. Awards can start on any day of the year.
- Access theCreate Award Scheduletask.
- Select an award posting interval that matches reporting requirements.
- Enter a period name for the award schedule.Workday creates an award schedule structure using the period name you specify. When you add a row, Workday increments the period.
- ClickOK.
- Complete the award schedule for each award posting interval.To designate the award contract period, select theContract Start DateandContract End Datecheck boxes.
- ClickOK.
When you apply a budget to the award, you can only extend the last period of the award schedule or add additional award years and periods. When you extend or add intervals to the award, Workday updates the budget duration and periods.