5.5 - Monthly Expenditure Review

The PI/PD has the ultimate responsibility for managing all aspects (scientific, fiscal, compliance) of an externally funded project. To assist the PI/PD in the management of the fiscal aspects of an award, the Information Technology (IT) Department can provide a monthly Budget Statement which gives a categorical accounting of project expenditures and account balances. PIs/PDs are required to review project expenses monthly to ensure compliance with sponsor and university guidelines.

Account information can also be obtained at any time via the university’s online SAP system under Budget Control System Reports.