Setting up an LOC Contract

How do I Setup an LOC Contract?

Overview

The award generation process writes award information to the Contracts module. This process creates a
contract, adds a contract line, associates grant projects and activities to the contract line and creates billing
and revenue recognition plans. No major changes are made to the contract at this point however, you need to
add LOC information to the contract billing details. You also need to review and validate critical contract details
such as Contract Type, Product, Billing Sponsor, Billing Limit and additional billing details to ensure correct
downstream billing. Special care must be taken to review and validate billing and revenue plans to ensure
correct billing attributes such as Bill Type, Invoice Form, Bill By ID and Billing Inquiry populates in the contract.

    ï‚· Primarily, you will review and validate the contract setup and perform very limited data entry (LOC attributes only). If you

          have to change any information in the contract and refer back to FGC or OSP analysts for further guidance, then stop the
          contract setup process. You must know the Award Setup ID for LOC contract setup.

Navigation

Worklist > Worklist

Steps to Be Completed

    A. Award Setup Request
    B. Contract Setup-General Information
    C. Contract Setup- Billing Options
    D. Review Contract Lines-Products and Dates
    E. Review Contract Lines- Contract Terms
    F. Review Contract Lines- Billing Plan Status
    G. Review Contract Lines- Billing Plan Status
    H. Review LOC Details
    I. Review Accounting Distribution
    J. Activate Contract

Setup LOC Contract

The Worklist page displays.

Emory Confidential and Proprietary  Last Revised on 6/1/2016                     Page 1 of 14
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