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Sponsored Financial Services

Winter-02

Submitted by dcutri on Mon, 07/06/2015 - 4:39pm
  • Read more about Winter-02

Winter-01

Submitted by dcutri on Mon, 07/06/2015 - 4:02pm
  • Read more about Winter-01

Summer-01

Submitted by estanley on Mon, 07/06/2015 - 11:11am
  • Read more about Summer-01

Summer-02

Submitted by dcutri on Mon, 07/06/2015 - 5:37am
  • Read more about Summer-02

Direct/Indirect Matrix

Appendix A: Normally Direct and Normally Facilities and Administrative (F&A) Costs
(From University Policy 3.18, Charging Directly to Sponsored Projects Costs)

 

  • Read more about Direct/Indirect Matrix

Using Diverse Suppliers

Many sponsors require that grantees make efforts to utilize small, minority-owned, and women-owned businesses whenever possible. In addition, recipients of sponsored awards must comply with applicable state, federal, sponsor, and university requirements for procuring goods and services when funds from these sources are used.

These requirements may include the need for sponsor approval prior to acquisition of goods or services.

  • Read more about Using Diverse Suppliers

Closing Out Awards

Contents

  • SFS Close-Out Responsibilities
  • Unit/Principle Investigator Close-Out Responsibilities
  • Read more about Closing Out Awards

Reporting

Sponsors require a financial report for the vast majority of sponsored projects. Many sponsors have specific requirements for reporting, while other sponsors accept a standard university format.

  • Read more about Reporting

Invoicing

With the exception of automatic and/or scheduled payments, Sponsored Financial Services (SFS) is responsible for billing all sponsors. Billings are done through letter-of-credit drawdowns, installments, and cost reimbursable agreements on a monthly basis unless otherwise stated in the award document.

Every sponsored project needs to have language in the agreement that explains the following:

  • Read more about Invoicing

Monitoring Activity

Once an award has been made to the university, the principal investigator (PI) and unit administrator need to monitor expenses to see that all costs charged to the sponsored project are allowable, allocable, and reasonable when costs are being incurred.

In addition to actual costs, here are some of the key elements of monitoring sponsored projects:

  • Read more about Monitoring Activity

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The Division of Financial Affairs

341 Pine Tree Road, East Hill Plaza
Ithaca, NY 14850

Accounting:  7:30 a.m. - 4:30 p.m., Monday - Friday
Payroll: 8:00 a.m. - 4:30 p.m., Monday - Friday

 

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