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:
What Changed
OGA enhances the current technology and business process that support grants at the College
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Previously |
July 2007 and beyond |
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2-segment FAS account used for purchasing |
5-segment PTAEO account string will now be used for purchase transactions |
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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 |
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Minimal expense controls |
Flexible option for controlling expenditures including limiting types of expenses that can be charged, |
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Billing performed manually |
Integrated and automated billing system for sponsored projects |
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FAS utilizes only fiscal year data |
OGA captures data on a project year basis |
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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 |
Additional Information
Who is impacted?
The implementation of OGA affects various end users across the College including: