Defining Cost Classification Templates (GM07.2)

Use this form to create cost classification templates. A cost classification template defines the relationship between cost classifications and detail account categories. A template is assigned to a grant to define valid cost classifications for the Grant Budget. It is also used to assign the cost classification to the grant eligible account categories when the grant is assigned to a contract as a funding source via GM20.

To define cost classification templates

  1. Access Cost Classfication Template (GM07.2).
  2. Type the Template name and Description.
  3. Select the cost account category that maps to the cost classification. The account category descriptions display for the selected account category
  4. Click Add.