FAIT - Federal Aid Inference

The Federal Aid Inference (FAIT) Table establishes the different accounting distributions that can be posted against a grant and infers the established grant (federal aid number) to the transaction. The table must be set up before a grant transaction can be processed, if the Federal Aid Management Subsystem is being used. The Federal Aid Inference (FAIT) Table allows agencies to set restrictions on what accounting distributions can be used to post transactions to grants.