Budgeting And Establishing A Fund
PURPOSE
The purpose of this statement is to provide a general summary of information related to budgeting and establishing a fund for Contracts & Grants.
GENERAL GUIDELINES/APPLICABLE POLICIES
Statements pertinent to the budget process for Contracts & Grants and related subject matter as follows:
Establishing a contracts and grant account
It is the responsibility of the University to separately budget and account for each individual contract or grant. This statement provides information related to establishing a contract and grant account in the University accounting system.
Original Budget
This statement provides general information related to the principles used in establishing an original budget in the University's Banner financial system; general information related to the budgeting of expenditures at the various object code levels in the award budget; and illustrations of the Automatic Budget Routines used to measure actual financial results against the budget.












































