This report will be listed at the master account level. It will be sent to all departments with a copy to the Divisional Business Offices. No action is required, but it provides the department with a useful tool to monitor all their allocation accounts. Thank you for your time in this important matter. If you have any questions, please contact your Research Accounting Specialist.
Inactivation is the disabling of an account to reject subsequent accounting transactions.
Termination is the removal of the account and its complete history from the on-line accounting system. The account's history will be retained using off-line data storage media. All encumbrances are cleared. All Unbilled Revenue is cleared. Revenues equal Expenditures.