Sponsored Financial Services

IRS increases mileage rate for remainder of 2022

Posted: June 13, 2022

The Internal Revenue Service has announced an increase in the optional standard mileage rate for the final 6 months of 2022. Taxpayers may use the optional standard mileage rates to calculate the deductible costs of operating an automobile for business and certain other purposes.

Facilities and Administrative Cost rates announced for FY2022

Posted: January 11, 2022

As previously announced in other forums, due to the pandemic Cornell University received permission to change its base year for Facilities and Administrative (F&A) Cost rate calculation, and extended its rates through FY2022.

Ask your questions at SFS Dialog each third Wednesday!

Posted: January 11, 2022

Each third Wednesday of the month, from 1:30 to 2:30 p.m., experts from Sponsored Financial Services and other areas will host a Zoom-based “call-in” program where you can ask any question about post-award financial activities at Cornell, with the answers being shared during the

DFA open classes Jan. - June 2022, including Travel

Posted: December 7, 2021

The following DFA classes are available from January 2022 through June 2022 and are open to any person interested in learning more about Cornell accounting/finance, payroll, and procurement policies.

Financial courses available Jan - June 2021

Posted: January 26, 2021

The following DFA classes are available from January 2021 through June 2021 and are open to any person interested in learning more about Cornell accounting/finance policies.

Project Budget Accounting

Agreement Authorization

Sponsored Financial Services records the project’s authorized obligation in the general ledger in the approved high-level cost categories, CG Reporting Descriptions. These categories were created to align with federal budget costing categories. Standard KFS budget object codes are used to post the budget to the general ledger.

KFS Budget Object Codes (XLSX, 13KB)

Read more about Project Budget Accounting

Attend DFA Conversations November 2, 2020

Posted: October 26, 2020

Mon, 11/02/2020 - 10:00am to 11:30am

Join us for the next DFA Conversations event when we'll provide some updates on the latest happenings in DFA.

Pages for: