Sponsored Programs Awards On-line system
FRS/SPM screens (6xx)
FAQ about Award Reimbursement Method
- What is an award “Reimbursement Method”?
- It is the method of reimbursement to the University by the Sponsor for expenses incurred relative to the award.
- Where is the award “Reimbursement Method” code located in the SPM screens?
- It is located in SPM screen 622, attribute “Reimbursement method.”
- To access data in screen 622, you need the award number; where do I find the award number of an account?
- The award # of an account is displayed in screen 652; copy and paste from 652 to 622.
- Where do I find payments received from Sponsors?
- Sponsors send payments via letter of credit or Non-letter- of-credit (checks, wire transfers and ACH). Non-letter-of-credit payments are found in FRS screen 018 in the award master GL account.
- What is the “Reimbursement Method” code for awards paid by “Letter of Credit”?
- The reimbursement method code is LOC, located in SPM screen 622.
- Are LOC payments recorded in the award master GL account number in screen 018?
- No, LOC payments are recorded in total in the Sponsor LOC GL account.
- What is the difference between an SL account number and a GL account number?
- Every account in FRS is assigned two numbers: The SL number and the GL number. For example, if SL account = 661234, the corresponding GL account =031234. In the SL number, you find Budget, Actual, and Encumbrance transactions. In the award master GL number, you find payments received for Non- LOC reimbursement methods.
- How do I know if a sponsored account is a master account?
- Check SPM screen 632 and look for master indicator = MT. Every award year has a master account number. See question # 3 to find the award number.
- Can I use the award master SL account number instead of the award number to display awards in screens 6xx?
- Yes, screens 6xx recognize the master SL account number as another key to open the award.
- What is the difference between reimbursement method CRSTD and CRDEP?
- CR = cost reimbursable; STD = billing by SPM central office; DEP = billing by department.
- Why an award is coded CRDEP?
- Because the sponsoring agency requires backup documentation attached to the bill.
- Why would an award be coded as “Cash Basis”?
- When the reimbursement method is “per patient”, or per any unit of measurement.
- How do I know if an award is coded “cash basis”?
- Check SPM screen 622. The Reimbursement Method = CB.
- What happens if cash basis award expenditures are greater than payments/allocations?
- At the end of the month, the overdrawn total direct cost amount will be credited to the SL account, sub-object 3759, and debited to the pharmaceutical default account of each department. Once payment is received, the sponsored central office will reverse entry accordingly.
- How do I know if an award is a “Federal Pass Through”?
- Check Federal Flag in SPM screen 652; FED FLAG = Y
March 5, 2008 - Terry Diaz