We will try to keep researchers informed about these changes in a timely manner. The project director should allow five working days after acceptance by ORDA to obtain an account number. 7.5.1 Advance Accounts Circumstances may require establishment of an advance account in anticipation of an award. The project director should have some form of verification from the funding agency that the award will be effective as of a given date and will be for a given sum. The memo must include an acknowledgment that the college or other appropriate University unit will be responsible for covering any advance expenditures should the award not come through, as well as for any advance expenditures subsequently found to be unallowable under the award agreement.
Financial transactions can then begin.
Keep in mind that not all accounts will include all of these lines. Also, some accounts may have other lines for special types of expenses. Before committing funds in any line, make sure the expenditure is allowable on your grant or contract. If you are unsure, contact the Research and Projects Fiscal Management accountant assigned to your account. Printing also falls under this category.