VPF’s Sponsored Accounting team generates SAP reports that include all the information needed to complete the monthly billing process. The team uses these reports to identify which WBS elements it should invoice and which billing methods it should use.
Use these resources to:
Understand Sponsored Billing Procedures
Run a Sponsored Receivables Aging Report
Check for Unallowed Costs
Resolve Underrecovery of Research F&A
Close Out a Sponsored Account

Did You Know?

When a sponsor’s F&A (facilities and administration) costs are less than the current MIT negotiated research rate, Institute policy requires you to treat the difference as underrecovery.
/resolve-underrecovery-of-research-f-a
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