Grant Tracking: Accounting Units vs. Activities

I think there are a couple of components that could lead your decision. We utilize activities & GM for grant transactions. Here are a couple of advantages I see to using AC vs GL.

1.) You don't have to set up 1 AU for each grant. This can clutter your GL slightly.
2.) You can track across years and periods easier
3.) AC lets you use Period of Performance to set dates for valid postings to that grant by system, so for example you could have PR postings end the month the grant ends but AP transactions post the following month as it may take some time for those to make it to your location
4.)GL Close is more formal so corrections to prior periods would have to be reviewed and Limited close only used. AC you can set the posting/closing status a little more freely and can change it if something came up that needed to be posted later.
5.) You can do reporting out of either GL or AC, use structures in both and attributes in both. Overall this should not be much of an issue either way.
6.) Will you utilize any AR/BR transactions? If so, you will need to look at AC contracts to see how this fits for your organization for best fit.

Hope that helps

Thanks Mark, great food for thought!