Cost Sharing
Cost sharing occurs when a portion of research costs is paid by the organization conducting the research. To track cost sharing, you can set up a replica of the grant activity structure. This enables you to track cost share amounts as they relate to each of the grant's funding years.
Note: To avoid summarizing cost share costs and funded costs
in the contract activity, Lawson recommends that you do not set up
cost share activities in the same structure as the grant activity.
You can map cost share activities to funded activities for effort
reporting, presentation on the Financial Status Report, and invoices.
Example: Cost Sharing
A research organization receives a grant (#142234) from the National Science Foundation for two years with total funding of two million dollars, which will be distributed in one million dollar increments at the start of each year of the award.
The grant requires a one percent cost share.
