Budget Module

Budget Module Testimonials

"One of the most time-consuming aspects of creating and reviewing budgets is verifying the correct salary. This tool provides salary information automatically and allows the user to communicate their justification for inflation or other changes. It has effectively removed 50% of the work from creating and reviewing budgets."
-- Jennifer Snow, School of Nursing

Come see a demo of the new Budget Module

Tuesday, June 23rd, 9-10am: Foege Bioengineering N130
Wednesday, June 24th, 2:15-3:15pm: UW Tower Auditorium

Health Sciences Shuttle goes between UWMC and the Tower

What is the Budget Module?

The Budget module supports creation of accurate and detailed budgets for grants and contracts by auto-populating data from payroll and financial systems, assisting users in selecting proper rates, and calculating totals automatically.

Budget Module Phase 1 supports creation of detailed budgets according to UW object code accounting, and provides for easy import and attachment to an associated eGC1.

Future phases of the Budget Module will support creation of sub-contract budgets, fabrication budgets, and sub-budgets, output to the 424 R&R budget form to support submissions to Grants.gov, improved integration to the eGC1, and integration to award and account setup processes in OSP and GCA.

The comprehensive and flexible process minimizes errors, improves data quality, provides a consistent output which will streamline the review process and eventually increase the accuracy of post award budget set up.

Why use the Budget Module?

Type less: Budget Module automatically pre-populates salaries, benefit rates, indirect cost rates, and completes all calculations.
Smile more: Tool is flexible, efficient, consistent, and comprehensive. Preparers have real-time salary, other earn types and rates are at their fingertips, while also being able to customize when needed. Easy to use interactive worksheet makes the budget development process straightforward for all types of users. Reviewers see a consistent layout and can trust the math is done correctly.
Save time: Import your budget into the eGC1, export to excel, update your version based on feedback, and copy a budget for reuse.

Deployment Timeline

Phase I: Deployment Date: 6/9/09
Deployment Type: Optional for all campus users
Phase II: Deployment Date: Fall 2009
Sub-contract budgets, fabrication budgets, and sub-budgets

Future phases will occur incrementally

Questions & Answers about the Budget Module

Who can use the Budget Module?: The Budget Module will be deployed to all SAGE users on 6/9/09.
How do I access this new functionality?: Go to the new “My Budgets” link next to the “My eGC1s” list on SAGE to create new budgets and view existing budgets.
Will the Budget Module data transfer automatically to the eGC1?: Yes, you can import your budget into the eGC1 at any time. It can be unattached and re-imported when budget modifications are necessary.