Facilities & Administrative Update Periods
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The value of the Facilities and Administrative (F&A) line for a period or the summary column is equal to the Amount Subject to Facilities and Administrative times the F&A rate.
The global F&A rate is determined in step 3 of the budget setup. You can edit it on the F&A tab.
You can change the F&A rate for a single period by clicking the value in that period’s column. Note: The new F&A rate will only apply to that specific period.
The field values displayed at the top of the modal are the ones chosen in step 3 of the budget setup, or as modified on the Properties or F&A tab pages.
- Sponsor Name
- Flow Through Sponsor
- Institutional Activity Category
- Location
- Specific Funding Mechanism
- Base Type
Click on the expansion triangle to open the F&A section at the bottom of the modal to see the following fields:
- Period Rate is Custom: When you enter a rate in the F&A Rate field that is different from the global rate, this box will display as checked to indicate that a custom rate applies to this specific period.
- Justification for Custom Rate: This field is required when you specify a rate other than the global rate.