How does the Grant Management billing approach differ from the Billing and Revenue Management billing approach?

Answer: A project maybe funded by a single source or multiple sources. The major advantage to using Grant Management Billing is it allows the ability to create project contracts (or agreements) and bill multiple grant sponsors (customers) for a single project and also manage internal or non-grant funding and grant match requirements. This approach captures project costs in a single activity work breakdown structure and automatically allocates eligible expenditures based on funding rules. Users posting expenditures to the project using the Lawson subsystems such as Payroll, RQ, PO and AP need only know the project task "activity" and cost "account category" for the expenditures. The end user does not need to know how the project is funded. Funding is handled automatically in Grant Management after expenditures are posted to projects using Activity Posting (AC190).