Accounts used on the Grant section
of the document must have an Indirect Cost Recovery Account associated with them.
The object codes used in the document are pre-defined, based on rules established by
each institution, and cannot be edited.
The Receipt section of the document is automatically generated
by the KFS and uses the Indirect Cost Recover Account
associated with the account entered in the Grant section.
accounting lines have been added they may be edited (with the exception of the object
code field). Additional lines may also be added to either side of the
document. Each line added to the Grant section generates a
corresponding Receipt line. Additional Receipt
lines can be added manually as well, to reflect a split of indirect cost revenue between two or
Negative amounts are allowed. Entering a negative amount on the grant
side reduces indirect cost expense from the grant account and reduces income
from the Indirect Cost Recovery Account.
The total amount in the Grant section must be equal to the total
amount in the Receipt section of the Accounting