Latest Grants and Contracts Accounting News

New Guideline: Management Report Review

Posted June 27, 2016 in Controller, Financial Services, General Accounting, Grants and Contracts Accounting, Management Accounting and Analysis.

A new Guideline has been published to offer clarification to Policy 3-003: Authorizations and  Approvals Required for Financial Transactions.  This Guideline is meant to improve internal controls across campus as it outlines: Account Executives (AEs) and PIs remain primarily responsible for … Continue reading →

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“Evidence of Review” Tools have been Improved

Posted June 10, 2016 in General Accounting, Grants and Contracts Accounting and tagged .

The Evidence of Review (EOR) application was implemented to give Account Executives and Principal Investigators a method to demonstrate required “evidence” that they had reviewed their monthly financial reports. EOR has been redesigned so that the REQUIRED REVIEW options are at … Continue reading →

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F & A Rates at the University of Utah – Important Information for Faculty, Researchers, and Administrators.

Posted March 21, 2016 in Cost Accounting and Analysis, Grants and Contracts Accounting and tagged .

New negotiated overhead (“F & A”) rates have been finalized with the federal government (for future fiscal years). These new rates will apply to NEW or new-continuation contracts / grants submitted for funding on or after July 1, 2016. You … Continue reading →

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Enhanced Financial Web Reports – We’ve gone RED

Posted March 3, 2016 in Accounts Payable, Business Analysis & Support Services, Controller, Cost Accounting and Analysis, Endowment & Investment Accounting, Financial Services, General Accounting, Grants and Contracts Accounting, Income Accounting, Management Accounting and Analysis, Payment Card Acceptance/E-Commerce, Procurement and Supply Management, Travel, UShop and tagged , , , , , .

We have upgraded our CIS-based Financial Web Reports, and are excited to announce that they have a fresh, new, RED look! Our users will notice enhancements to the functionality, including: Management Reports/Journal Detail now consolidates UShop spend by Voucher number. … Continue reading →

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**UPDATE-RESOLVED** Payroll Benefit Encumbrances at Zero in Management Reports

Posted March 6, 2015 in General Accounting, Grants and Contracts Accounting, Payroll.

**UPDATE-RESOLVED** This issue has been resolved. The correct benefit rates and amounts are updated in the detail reports now, and will be reflected in the summary reports beginning tomorrow, March 7, 2015. Thank you for your patience! On March 3, … Continue reading →

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EOR Status added to Management Reports

Posted January 9, 2015 in General Accounting, Grants and Contracts Accounting and tagged .

Have you wanted to know the EOR Status of a Project or Activity while viewing Management Reports?  Now you can! EOR Status has been added to each of the Management Reports screens.  The EOR Status has been placed to the right … Continue reading →

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Some PDF Documents Display Strange Errors in Google Chrome

Posted December 29, 2014 in Accounts Payable, General Accounting, Grants and Contracts Accounting and tagged , , .

Some PDF documents are not displaying properly in Google Chrome.  These PDF’s have special features that allow auto numbering or auto dating.  Others are displayed from Management Reports when clicking on the spyglass in Journal Detail. These PDF documents need … Continue reading →

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Account Executive approvals are now EASIER in GFA

Posted October 8, 2014 in General Accounting, Grants and Contracts Accounting and tagged , .

We are pleased to announce that Account Executives can now “Approve All” Alternates instead of one at a time. Check it out! Please continue to give us feedback through the Ask Us link below. Your feedback is valuable to us. … Continue reading →

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New FIL Reports To Track Status of Alternate Requests in GFA

Posted October 1, 2014 in General Accounting, Grants and Contracts Accounting and tagged , .

As campus is using the new GFA application, another question to Financial & Business Services is: How can I track the Status of the Requests made in the Granting Financial Authority (GFA) application?” Two new reports have been added to the … Continue reading →

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Who Has Captured Their Signature in GFA?

Posted September 29, 2014 in General Accounting, Grants and Contracts Accounting and tagged , .

A very common question to Financial & Business Services during the rollout of Granting Financial Authority (GFA) is “How can a find out who still needs to capture their signature?” Great News! Two ways have been created to find out who … Continue reading →

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