NDIS PACE Funding Components and Periods - Edit Funding Components and Funding Periods

To update an existing Funding Component and its associated Funding Periods, follow these steps:

📢 PLEASE NOTE - In the INTERIM period that development was occurring, we advised customers to proceed with standard process and to setup Plan Budget categories for the FULL plan length. By following the steps outlined below, Funding Period amounts will automatically adjust based on services that have already been delivered during the period. 📢

For customers WITH SyncPro, please refer to Knowledge Base Article - NDIS SyncPro - PACE API - Sync in Categories and its Funding Components (If applicable) for existing PACE Service Contracts 

For customers who DON'T have SyncPro, follow these steps. 

1.  Click the icon  next to the relevant Category name in Plan Budget table, or click  icon on Funding Component table to open the the Edit Funding Component dialogue.

                                            

2. Make changes as needed in the following fields in Edit Funding Component dialogue:

      

• Plan Budget
  

• Auto-filled from the Category Name
  

• Read-only – cannot be edited

• Plan Period

  • Auto-filled from the Service Contract Start and End Dates

  • Read-only

• Funding Component Amount (Required)

  • Initially auto-filled with the Category Budget Amount

  • Can be updated, but must not exceed the Category Budget

• Number of Funding Periods 

  • Auto-filled based on the number of periods entered/auto-distributed 

• Start Date / End Date (Required)

  • Update the date range for each Funding Period if required

  • Dates must fall within the Contract duration

• Amount (Required)

  • Update the amount assigned for each Funding Period if required

• Add or Remove Funding Periods
  

Only Pending Period/s, and Expired Periods without Delivered Services during the periods can be deleted from Funding Component.

Use the Tab key on your keyboard for faster data entry. It moves your cursor to the next field without needing to use your mouse.

3. Once all updates are complete, click [Save] to apply the changes to the Funding Component.

4. What happens next

If the Funding Component has any Service Provider Category Budgets (SPCB) with existing funding period distributions, a notification will be displayed to let you know that the SPCB funding periods may need to be regenerated to maintain data alignment and accuracy.

To redistribute the funds for Service Provider Category Budget, refer to the article here: Setup and modify funding distributions for Service Provider Category Budgets

• The updated Funding Component and all related Funding Periods will appear in the Funding Component table.
  
  
  

• The Available amount will reflect the updated funding accessible to the participant for the current period.

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