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June 2019

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Subject:
Deadline to request/process advance account for the purpose of year-end suspense clean up has passed
From:
Sonya Stern <[log in to unmask]>
Reply To:
Sponsored Project Administration News <[log in to unmask]>
Date:
Thu, 13 Jun 2019 16:53:06 +0000
Content-Type:
multipart/alternative
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Good afternoon Business and Grant Managers,

Since June 1st, SPA has received a large number of "urgent" and "emergency" requests to set up an advance account for the purpose of clearing suspense.  SPA Award Acceptance team worked diligently to process as many of these of these requests as possible.

At this point, if a department's advance account or sponsored project charstring has not been set up yet (with the exception of 3 in-process items), then the department's general fund charstring has to be used to meet the accounting deadline for clearing suspense.

If you have questions, please reach out to me and copy Dawn Caffrey (Cost Accounting).

Thank you,

Sonya Stern, MBA | Director | Signing Official
Treasurer-Elect, National Council of University Research Administrators Region 1
University of Vermont
Sponsored Project Administration
217 Waterman | 85 South Prospect Street
Burlington, VT 05405-0160
P: 802-656-1986 | [log in to unmask]<mailto:[log in to unmask]> | www.uvm.edu/spa/<http://www.uvm.edu/spa/>



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