The Office of Sponsored Programs maintains detailed fiscal records for all sponsored projects in accordance with the requirements of the sponsor agreement. Each month the Office of Sponsored Programs provides financial statements to each Principal Investigator giving the current status of project funds via the PI Portal. In addition to the monthly financials, the PI Portal provides up to date financial information for the Principal Investigator in a management format. Project Financial Statements include: a project financial summary, detail of expenses, project stores expenses, project demurrage expenses, details of commitments (non-payroll), detail of payroll expenses and detail of payroll commitments.
Distribution of the Financial Statements are generally available on the Office of Sponsored Programs web site by the 7th workday of each month and an e-mail notification is sent as a reminder to all PI's, Co-I's, department fiscal officers, senior fiscal officers and deans and chairs.