Maintain Account Budgets

On this page:

Learn about how to maintain the different types of Non-Sponsored accounts:

  • Cash-driven accounts
  • Facility and Administrative Cost Recovery-funded accounts

Maintaining sufficient account balances is an important function necessary for managing Non-Sponsored accounts. To avoid processing delays, balances should be reviewed periodically to ensure that expenses submitted do not exceed available funding. 

Payroll encumbrances deplete the available balance and should be specifically noted and factored into balance calculations.

Depending on the type of account, as described in Types of Non-Sponsored Accounts, balances are either handled on a “cash driven” basis, or through pools of existing funding, e.g. Facility and Administrative Cost Recovery funds.

Contact and Expert

Brendan Davis.

Brendan Davis

Non Sponsored RF Accounting and Financial Reporting

Financial Management

Zachary Root.

Zachary Root

Non Sponsored RF Accounting and Financial Reporting

Financial Management

Related Policies

Policies

Web Page Feedback

Didn't Find What You Were Looking For?

(Required)
 
(We'd like to respond to you.)
(Required)