Billing Plans

A billing plan is added in the Research Accounting setup stage by a Central Grant Maintainer. There are four billing plans, and only external funds are billed.

Figure 5: Grant set up billing tab

• Milestone Billing​
  • Based on events stipulated in the agreement with the Sponsor
• Periodic Billing​
  • Fixed amounts for a regular time period (monthly, quarterly, etc.)
• Resource Related Billing (RRB)​
  • Based on resource consumption and identifies billed versus unbilled expenditures and posts revenue to grants
• Manual​
  • Invoices are manually created

Resources

• SIMBA: Grant Refund Invoice Workflow Links to an external site. (PSU resource) provides information about the SIMBA Workflow for grant refunds.
• Maintain Billing Due List (RRB Mass) Links to an external site. (video) shows how the list is used to post and save Memo requests.
• Cancel Billing Document Links to an external site. (PSU resource) cancels a billing document after running the RRB (Resource Related Billing) program.

 

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