Latest Grants and Contracts Accounting News

Annual Reminder for Principal Investigators and Key Personnel Charges

Posted June 13, 2008 in Grants and Contracts Accounting, Management Accounting and Analysis and tagged .

Each department should ensure the appropriate level of effort of Key Personnel on projects. Key Personnel include all Principal Investigators and others specifically listed on the awarding document. Recently the auditors of grants and contracts have been concerned that Key … Continue reading →

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Blanket, Maintenance, and Lease Purchase Orders to Automatically Close

Posted May 12, 2008 in Accounts Payable, Financial Reporting and Accounting, Grants and Contracts Accounting, Procurement and Supply Management and tagged .

As a reminder, the Purchasing Department will automatically close all annual blanket, lease, and maintenance purchase orders valid through June 30, 2008. It is not necessary to submit an on-line closure request for these purchase orders. They will be closed … Continue reading →

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Purchase Order Closures Simplified Through Encumbrance Report

Posted April 23, 2008 in Accounts Payable, Financial Reporting and Accounting, Grants and Contracts Accounting, Procurement and Supply Management and tagged .

Effective April 23, 2008, we are pleased to announce the new ability to easily request purchase orders be closed through your Encumbrance Management Report. Confirm and submit your request to close unused or outdated purchase orders without filling-out or printing … Continue reading →

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Endowment Projections

Posted February 12, 2008 in Endowment & Investment Accounting, Financial Reporting and Accounting, Grants and Contracts Accounting and tagged , .

Financial and Business Services is pleased to offer colleges and departments two methods for estimating the amount of endowment income expected during the next fiscal year. In the future, the necessary factors for doing the calculations will be provided on … Continue reading →

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Large image files in Internet Explorer

Posted February 4, 2008 in Accounts Payable, Financial Reporting and Accounting, Grants and Contracts Accounting and tagged , .

Accounts Payable replaced two document scanning machines in the fourth quarter of 2007. A little known setting on the new machines was not updated during the installation process resulting in large images that Microsoft’s Internet Explorer browser cannot open. The … Continue reading →

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FIL becomes FHRIL

Posted October 19, 2007 in Financial Reporting and Accounting, Financial Services Technical Support, Grants and Contracts Accounting, Payroll and tagged .

The Financial Information Library has been expanded to include Human Resource/ Payroll information. The new Financial and Human Resources Information Library (FHRIL) is out there for your use! You will notice that the user interface is new and improved, too! … Continue reading →

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F&A Encumbrances for July 2007 Printed Statements are Incorrect

Posted August 20, 2007 in Grants and Contracts Accounting.

The Facilities and Administration (F&A) encumbrances on the July 2007 printed statements are incorrect. The Facilities and Administration encumbrances are correct on the online Management Reports.

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Reviewing Management Reports

Posted March 7, 2007 in Financial Reporting and Accounting, Grants and Contracts Accounting and tagged , .

Management Reports have been changed to provide a place for the individual reviewing a Management Report to initial or sign that the review has been done. That place is at the bottom right of the Balance Sheet for each Activity … Continue reading →

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Financial Information Library Information Extracts

Posted January 24, 2007 in Financial Reporting and Accounting, Financial Services Technical Support, Grants and Contracts Accounting and tagged .

Here is a summary of new information extracts added in the last few months to the Financial Information Library. For information on the Financial Information Library see the post entitled Financial Information Library. Monthly Summary by Project Summary of Individual … Continue reading →

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Direct Deposit for Scholarships/Fellowships

Posted January 24, 2007 in Grants and Contracts Accounting and tagged .

Direct Deposits for new monthly recurring scholarships/fellowships are now possible. Please go to Grants & Contracts Accounting’s web page and click on forms. You will find the Traineeship Recurring Direct Deposit Authorization Form and its instructions.

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