Grants Management And Budgetary Control - Funds Statuses (Doc ID 2389209.1)

Last updated on MAY 09, 2023

Applies to:

Goal

On : 11.12.1.0.0 version, Manage Awards

Grants Management and Budgetary Control - Funds Statuses

When creating a requisition with Grants Management and Budgetary Control implemented, the user selects: project, task, expenditure type, expenditure organization and contract.

The Fund Status field at requisition header and line level is 'Passed' after clicking in the Check Funds button. Once the requisition has been submitted for approval the status changes to 'Reserved' and once the purchase order has been created from the requisition and approved the status changes to 'Liquidated'.

This is what we see from our testing but we will like to understand what each status means (Passed, Reserved, Liquidated). Can you provide an explanation for each status or refer to the Oracle documentation where this is explained? We cannot find it.
 

Solution

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