How often is Grant Expenditure Allocation (GM120) run?

Answer: GM120 can be run as often as you desire. Best practices recommend running GM120 as frequent as you run AC190. AC190 posts expenditures and revenue entries to projects. GM120 allocates expenditures to the project funding sources based on the rules established on GM20. GM120 will update grant eligible expenditures and balance remaining for the Grant, Contract, and Funding Source. Running AC190 and GM120 daily gives project and grant managers an updated view of project expenditures and funding. Updated expenditures and remaining balance are accessed by referencing the amounts tab on GM15 and GM20.