Monthly Reports
PI and administering departments are responsible for the allowability and appropriateness of all charges on sponsored programs. Any overdrafts, unallowable costs, or uncollectible accounts receivable (as determined by SPA) should be resolved in a timely manner.
Workday Reports:
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Expense by Award
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Grant Balances – Departments
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SPA – Journal Lines
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Trial Balance
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Award Key Personnel Commitments
Checklist for reviewing monthly reports:
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Reports can be scheduled to run automatically after month end close or can be run manually.
- Review monthly for completeness and accuracy.
- Verify expenditures are recorded timely.
- Ensure all pending transactions are cleared.
- Confirm expenditures are properly allocated to the project.
- Process cost transfers to correct any errors.
- Clear any overdrafts.