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By default, RIS reports are non-prorated, and show the entire award amount in the month in which it was budgeted. For this amount to appear on a RIS report, the first of the month must fall within the date range specified in the selection criteria. For example, an annual award of $24,000 would appear with the full amount only in the first month of the year, and no amount in the other months.
When you choose to create a prorated report, the amount of the award is distributed evenly across all months in the installment period. For example, an annual award of $24,000 would be prorated at $2,000 per month during the year. The amount of the award appearing on an RIS report would be proportionate to the number of months captured in the date range in the selection criteria.
NOTE: Prorated data are not available until one day after the budget has been set up.