Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

How will cost reimbursement impact our sources and expenditure reports?

April 26, 2017COST expenditure impact Reimbursement reports sources

0

Posted

How will cost reimbursement impact our sources and expenditure reports?

1 Answer

0

Posted

The expenses will be reported as restricted fund expenditures. The revenue will be restricted federal grant revenue in restricted funds. The amount of expenses not reimbursed, if any, on August 31, will be accrued as revenue in the restricted fund to match.