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What is OGA?

Oracle Grants Accounting (OGA) is a new financial system specifically designed to address the unique reporting and management needs of sponsored projects.

Benefits

OGA provides a number of benefits to end users including:

  • Improvement of current reporting and compliance capabilities
  • Centralization of data for grant financial reporting
  • Capturing data on a project year basis
  • Flexibility to track and report on different project funding options
  • Tighter controls around grant expenses

What Changed

OGA enhances the current technology and business process that support grants at the College

Previously

July 2007 and beyond

2-segment FAS account used for purchasing

5-segment PTAEO account string will now be used for purchase transactions

Financial and non-financial reporting occurs in multiple systems and data is then combined in Excel

Single system of record used to maintain data and conduct reporting

Minimal expense controls

Flexible option for controlling expenditures including limiting types of expenses that can be charged,
preventing charges for expired grants and monitoring spending against overspent accounts

Billing performed manually

Integrated and automated billing system for sponsored projects

FAS utilizes only fiscal year data

OGA captures data on a project year basis

Limited flexibility to track and report on project funding

Flexibility to track and report on multiple projects funded by a single award as well as single or
multiple projects funded by multiple funding sources

 

 

 

 

 

 

 

 

             Additional Information

  • Description of the PTAEO string on the Chart of Accounts page at the old OASIS site (this page will soon redirect to OSP).

Who is impacted?

The implementation of OGA affects various end users across the College including:

  • Office of Sponsored Projects (OSP)
  • Grant Managers
  • Fiscal Officers

Last Updated: 11/5/08