Grant Management and Lawson revenue cycle

Grant Management uses Lawson Billing and Revenue Management to generate invoices and recognize revenue.

The revenue processes in Lawson can include a wide variety of procedures and are separate from the billing processes. This illustration identifies some key minimum steps that are performed to recognize revenue.

See the Billing and Revenue Management User Guide. See also the required and recommended Billing Revenue Management setup information in the chapter: Setting up contract activities for grants.