The sponsored budget is the budget of record for the sponsored award. The General Ledger stores budgets in standard fiscal year format, even for awards that span multiple years.
A sponsored budget must be set up and entered in the General Ledger for each subactivity assigned to an award. Entering an award according to sponsor requirements can help manage a sponsored award. The Department Administrator has primary responsibility for entering the budget in the General Ledger after the award has been set up and there is an active account string.
Process for Entering the GL Budgets
There are 2 ways of setting up a GL Budget; through Wasabi or GMAS. However, a department cannot use both methods. If you aren't sure which method your department uses, please ask your ADF because if your department uses Wasabi and you use GMAS, the rest of your department will have to start using the GMAS.