Latest Grants and Contracts Accounting News

Updated PeopleSoft Grants Implementation Information

Posted November 21, 2012 in Accounts Payable, Grants and Contracts Accounting, Travel and tagged , , .

Prepare for PeopleSoft Down-time… Important due dates for Travel Reimbursements and Pre-trip Payments in December have been posted on the Financial Changes Coming webpage. New training opportunities PIs and Business Officers on Dec 4 & 5 have been posted on the … Continue reading →

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Key Personnel Effort and Fiscal Responsibility Reminder for Principal Investigators

Posted November 6, 2012 in Grants and Contracts Accounting, Management Accounting and Analysis and tagged , .

EFFORT: 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. Auditors of grants and contracts review Key Personnel to ensure the appropriate effort is charged … Continue reading →

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New Associate Director of Grants and Contract Accounting

Posted July 30, 2012 in Controller, Grants and Contracts Accounting.

Financial & Business Services is pleased to announce that Ken Erickson is joining the Controller / Financial Management department. Effective August 1, 2012, Ken will be the Associate Director of Grants and Contract Accounting and will report directly to Laura Howat, University … Continue reading →

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Management Reports Document Links Unavailable Friday Afternoon ***Updated***

Posted July 25, 2012 in Accounts Payable, Financial Reporting and Accounting, Grants and Contracts Accounting and tagged .

Update Maintenance is complete and Management Reports Document Links are now available. The image system (Fortis) that provides images for transactions appearing on Management Reports  and other financial web applications will not be available after 12:00 PM (noon) on Friday, … Continue reading →

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PCard Reallocation Journals Posted Multiple Times

Posted July 3, 2012 in Financial Reporting and Accounting, Grants and Contracts Accounting, Purchasing Card.

An issue with the PCard Reallocation journal entry generation process has been identified, and is expected to be resolved this evening. The problem caused PCard Reallocations to be posted multiple times, beginning with the June 28 journal.  Financial Reporting & Accounting will be reversing all PCard Reallocation journals created since … Continue reading →

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Accounting Changes for Projects – Posting of Accounts Receivable

Posted March 5, 2012 in Grants and Contracts Accounting and tagged , .

***IMPORTANT*** Accounting Changes for Projects Posting of Accounts Receivable As Grants and Contracts Accounting bills for February expenses, they will begin booking Accounts Receivable and recognizing revenue on all new and outstanding invoices. This is necessary for the implementation of … Continue reading →

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Payroll Encumbrance Changes Are Here!

Posted January 6, 2012 in Financial Reporting and Accounting, Financial Services Technical Support, Grants and Contracts Accounting, Payroll and tagged .

We are excited to announce the highly anticipated changes to payroll encumbrances are live today. Payroll encumbrances can now be projected through future years on research projects, and will be updated daily to reflect mid-pay period changes to employee distributions. These enhancements are part of … Continue reading →

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Payroll Encumbrance Changes Coming January 6th

Posted January 4, 2012 in Financial Reporting and Accounting, Financial Services Technical Support, Grants and Contracts Accounting, Payroll and tagged .

Ever wish you could project payroll commitments through the end of a multi-year research grant? Tired of updating employee distributions only to wait (patiently) for the next payroll cycle before the changes are reflected on encumbrance reports? Then your time has come! Beginning Friday, January 6th, payroll encumbrances will … Continue reading →

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Updated: Payroll Encumbrance Issues Reported

Posted December 8, 2011 in Financial Reporting and Accounting, Financial Services, Financial Services Technical Support, Grants and Contracts Accounting, Payroll and tagged .

Affected payroll encumbrances have been recalculated and now show correct amounts in reports. Previous post… The calculation of some November 30th payroll encumbrances are incorrect due to a timing issue encountered during payroll processing this week. Encumbrances for payroll distributions ending prior to June 30, 2012 were erroneously projected through the … Continue reading →

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Key Personnel Effort and Fiscal Responsibility Reminder for Principal Investigators

Posted November 11, 2011 in Grants and Contracts Accounting, Management Accounting and Analysis and tagged , .

November 11, 2011 EFFORT: 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. Auditors of grants and contracts review Key Personnel to ensure the … Continue reading →

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