Account set-up is handled by Accounting. SPA notifies Accounting to set up an account by sending them a Notice of Funding memo, a copy of the fully executed award, a copy of the Transmittal Sheet, and a budget. The PI/PD is copied on the memo so that he/she knows that an account number is forthcoming from Accounting.

When an account has been set up by Accounting, the PI/PD will receive an Award Funding Memo (Exhibit D) from Accounting indicating the account number(s), the funding agency, and the amount. The PI/PD can then begin incurring charges against the account.