There are many requirements to effectively manage a grant. Grants Accounting has complied a Top 10 list for grants management:
1. Know and understand the award terms and conditions. Communicate restrictions or special terms to the appropriate parties to ensure compliance.
When making purchases, it is important to be aware if any portion of the purchase meets the criteria to be considered capital equipment.
FARM Setup Reminders were published the August 2022 Business Matters to remind users how to maintain FARM data to avoid errors and delays with their unit’s transactions. Unfortunately, we have continued to encounter approver setup discrepancies in FARM that cause I
As we wind down the calendar year, it is important to start planning for Winter Break Closure (WBC). Please keep in mind the following deadlines:
After more than 33 years at ĢƵ University, our Director of Grants Accounting Cindy Perry has decided to retire. Julie Allison, AVP of Finance and Cindy’s supervisor states: “Cindy has led us through numerous federal indirect cost studies but where Cindy’s experience and expertise really shined was through COVID.
As we wind down the calendar year, it is important to start planning for Thanksgiving and Winter Break Closure (WBC). Please keep in mind the following deadlines:
Have you ever wondered if you need a contract/agreement to procure goods/services?
The PCard office has been seeing several declines on PCards. Most of these declines have been related to cards not being activated, or the cardholder entering a bad PIN.
We been getting questions about toll fees and fines/penalties related to non-payment of tolls when using a rental car. University travelers have the option of renting a vehicle from one of our preferred suppliers, Enterprise/National or Hertz, or from ĢƵ University Transportation and Parking Services.
GASB 87 requires lease accounting for “all right to use” assets of ĢƵ University. This is a new accounting standard that impacts all public universities in the United States and is not unique to ĢƵ University.