Vision Demo - CLM - Requisition to Award Flow with Incremental Funding
(Doc ID 2573019.1)
Last updated on MARCH 15, 2022
Applies to:
Oracle Contract Lifecycle Management for Public Sector - Version 12.2 and laterInformation in this document applies to any platform.
Goal
This is the first of two Vision Demo notes for Oracle Contract Lifecycle Management (CLM) on the Requisition to Award flow with Amendments and Modifications
Requisition to Award with Partial Funding | THIS NOTE | Vision Demo - CLM - Requisition to Award Flow With Requisition Amendment and Award Modification (Note 1 of 2, Req to Award with Partial Funding) |
Incremental funding with Modification of Award | <NOTE 2573218.1> | Vision Demo - CLM - Requisition to Award Flow With Requisition Amendment and Award Modification (Note 2 of 2 Amend and Modify) |
The purpose of this document is to illustrate Partial funding in the Requisition to Award flow of CLM. Partial funding is utilized when a procurement item(s) might take several fiscal periods to complete and the funding for a particular period is only available when the Requisition/Award is created.
CLM Terms/Features illustrated in this note:
SLIN
Incremental & Partial Funding
Document Validation
Total Value vs. Funded Value
For the CLM Users Guide See <Note 1306980.1> Where Are The CLM (Contract Lifecycle Managegment) Manuals
Solution
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In this Document
Goal |
Solution |
Create a Requisition |
Partially funding a Requisition |
Create the Award from the Requisition |
Examine the Partial Funding on the Award |
Accounting Entries from Award |
References |