Enterprise Service Automation (ESA) - PSFT (MOSC)

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Setting Up Burn Rates in PeopleSoft Grant Portal

edited Aug 21, 2024 2:28PM in Enterprise Service Automation (ESA) - PSFT (MOSC) 6 commentsAnswered

We are currently working on setting up burn rate indicators in our PeopleSoft Grant Portal, and I would greatly appreciate any insights or advice from those who have already implemented this feature.

Specifically, I’m looking to understand:

  • How your institution/company calculates and displays burn rates within the Grant Portal. Whether you follow the PeopleBook formula (
    (–1) × Remaining Balance / Budgeted Amount + [(Period End Date – As of Date) / (Period End Date – Period Start Date].) to calculate or you have used other criteria. If any, I would appreciate it if you could share.
  • Any challenges you faced during the setup process and how you overcame them.
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