99xxxx: Sponsored Programs - Special G/L Accounts

Search G/L Accts:

I. GENERAL

Only the Sponsored Programs department will make entries on these G/L accounts. Entries to these G/L accounts are not made in the General Ledger - only in Sponsored Programs' Grants Management system. However, these G/L accounts will appear on financial reports of Restricted funds that have awards.

II. G/L ACCOUNT DEFINITIONS

99600 Plan Pending Budget From Department (Valid For: Sponsored Programs Only)
This G/L account is used to record the amount of the budget that has not been defined to allow for entering into SAP. (For Planning Purposes Only) (created 8/2014)
99650 Unallocated Subaward Plan (Valid For: Sponsored Programs Only)
This G/L account is used to display the amount of total project funds assigned to a subrecipient subcode, until the subaward is executed and the actual subaward budget is then entered into the appropriate 6935XX G/L accounts.  As a result, this G/L account will also display any difference (positive or negative) between the amount of project funds assigned to the subcode and the actual amount of the subaward.
99700 Obligation Moved Forward (Valid For: Sponsored Programs Only)
This G/L account is used to record the award amount for outstanding obligations moved from an expired cost object (WBSE) to the project\'s continuation cost object. (For Planning Purposes Only) (revised 8/2014)
99800 Restricted Amount (Valid For: Sponsored Programs Only)
This G/L account is used to reduce the award amount on an expired grant for the amount of any unexpended award. (For Planning Purposes Only) (Revised 8/2014)
999700 Reported Direct Cost (Valid For: DUHS, Univ)
Represents the total direct cost reported to the funding source of a sponsored program. The amount is recorded in the award file and is offset by an entry to G/L account 999900. This G/L account is to be used by personnel in Sponsored Programs when expenses on a sponsored program have been finalized and the cost object can be closed.
999800 Reported Indirect Cost (Valid For: DUHS, Univ)
Represents the total indirect cost reported to the funding source of a sponsored program. The amount is recorded in the award file and is offset by an entry to G/L account 999900. This G/L account is to be used by personnel in Sponsored Programs when expenses on a sponsored program have been finalized and the cost object can be closed.
999900 Reported Cost Offset (Valid For: DUHS, Univ)
Represents the amount necessary to offset entries made to G/L accounts 999700 and 999800. This code is to be used by personnel in Sponsored Programs when expenses on a sponsored program have been finalized and the cost object can be closed.