SPONSORED RESEARCH ACTIVITY - FDM AND OTHER GUIDANCE | ||||||||||
The Foundation Data Model (FDM) is the basis for accounting and financial reporting in Workday. This guidance document reflects the appropriate related and operational worktags that can be used for Grant (GR) driver worktags, along with other critical information needed for managing sponsored funding. | F&A RATES (FY24) | FRINGE BENEFIT RATES (FY24) | LEDGER ACCOUNTS vs. SPEND CATEGORIES | |||||||
Research - Capped | 57.40% | Full Benefits | 31.70% | Ledger accounts are six-digit numbers that are aligned with the USG and define revenues and expenses at a high level. Spend categories are at a more detailed level and identify specific types of expenses for a transaction. They start with SC and are followed by six digits. | ||||||
Research - Uncapped | 66.50% | Limited Benefits | 23.80% | |||||||
Off-Campus Research - Capped | 26.00% | Partial Benefits | 1.50% | |||||||
Off-Campus Research - Uncapped | 35.20% | Graduate Student Health | 7.30% | |||||||
OSA/State of Georgia | 36.70% | Monthly Tuition Rates (RI) | $ 1,557 | |||||||
Questions? Contact Josh Rosenberg (jrosenberg34@gatech.edu) | Instruction | 52.80% | ||||||||
FUND GROUP | FUNDING SOURCE (CLASS) CODE | FUNCTION CODE | OBJECT CLASSES | |||||||
A fund group is a fiscal and accounting entity that has a self-balancing set of accounts and is designed to carry on specific activities or attain certain objectives in accordance with specific regulations, restrictions, or limitations. | The funding source (class) code serves as the indicator of the SOURCE of funding. | A functional classification (function code) is a method of grouping expenses according to the purpose for which the costs are incurred. A function code indicates how we USE the funds we have. | Object classes are used in Workday to group ledger accounts into categories for the purpose of grant invoicing. | |||||||
Related Worktags used for PRIME OR RELATED Grants | Related Worktags used for PRIME OR RELATED Grants | Related Worktags used for PRIME OR RELATED Grants | 1000- Salaries and Wages 2000 - Fringe Benefits 2500 - Tuition Remission 3000 - Domestic Travel 3500 - Foreign Travel 4000 - Materials and Supplies 5000 - Subcontracts 7000 - Equipment 8200 - High Performance Computing 8500 - Other Direct Costs 9000 - Sponsored Indirect Costs |
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FD20000-Restricted - Education and General | Used for RI sponsored research | CL61000-Sponsored Operations - Federal Government | Federal and Federal Flow | FN11100-General Academic Instruction | Sponsored Instruction | |||||
FD20100-Restricted - Student Financial Aid | Grants Managed by Bursar Only | CL62000-Sponsored Operations - State Government | Georgia Funded | FN12100-Individual or Project Research | Research Grants | |||||
FD21015-Restricted - Enterprise Innovation Institute (EII) | Grants Managed by EII Only | CL62500-Sponsored Operations - States Other Than Georgia | Other State and State Flow | FN12200-Institutes - Research Centers | Research Grants - Normally GTRI Interdivisional | |||||
FD21021-Restricted - Georgia Tech Research Institute (GTRI) | Interdivisional Grants from GTRI to RI | CL63000-Sponsored Operations - Local Government | Non State Gov't | FN13100-Community Services | Other Sponsored Activities | |||||
CL64000-Sponsored Operations - Private | Industry, Non-Profit, Higher Ed, and Foreign | FN18100-Scholarships | Scholarships Only | |||||||
FN18200-Fellowships | Fellowships Only | |||||||||
Related Worktags used for COST SHARE Grants | Related Worktags used for COST SHARE Grants | Related Worktags used for COST SHARE Grants | ALLOWABLE COST MATRIX | |||||||
FD10000-State Appropriations - Education General | Funded by Institute | CL11200-State Appropriations | Normally associated with FD10000 or FD11015 | FN11110-Instruction (Cost Sharing) | Sponsored Instruction | When making the determination as to whether an expense is appropriate for placement on a sponsored funding source, please consult the Georgia Tech Allowable Cost Matrix (https://controller.gatech.edu/allowable-cost-matrix). | ||||
FD10500-Tuition - Education and General | Funded by Institute | CL11800-Tuition | Normally associated with FD10500 | FN12120-Cost Sharing - Indiv or Project Research | Research Grants | |||||
FD11015-State Appropriations - Enterprise Innovation Institute (EII) | EII Cost Share Only | CL41300-Departmental Sales and Services (DSS) - Public Services | Normally associated with FD14415 | FN13110-Community Services (Cost Sharing) | Other Sponsored Activities | |||||
FD14415-Dept Sales and Services (DSS) - Enterprise Innovation Institute (EII) | EII Cost Share funded with Program Income | CL64000-Sponsored Operations - Private | Normally associated with FD20200 or FD20300 | |||||||
FD20200-Restricted - Foundation | Funded by Georgia Tech Foundation | |||||||||
FD20300-Restricted - Research Organization | Funded by Georgia Tech Research Foundation |