V – Z
V
An account for managing donations or gifts made to UGA. The account is established as a University restricted account and designated as benefiting a particular department activity, principal investigator, or general field of research.
Any contribution to a project that is not paid by the sponsor and is offered or performed by the University (the prime award recipient) or a third party entity.
W
That portion of applicable overhead that is not paid or reimbursed by the sponsor. Approval to waive F&A rests with the Vice President for Research or his designee.
A web application that provides budgeting, personnel, accounting, and reporting programs where PIs and research administrators can access easy-to-understand account reports on all active sponsored projects. Available reports include summary budget and expenditure data for the life of the project, current period expenditures, encumbrances, and pending transactions.
An electronic transfer of funds between a sponsor and UGA/UGARF. Such fund transfers (EFT) eliminate the need for checks sent via US mail and ensure that the funds are received and deposited in a timely manner.
The financial expenditure plan, including any revisions, approved by the Sponsor and the University for the project or activity.
An account created to track income and expenses for a specific workshop or continuing education event.
The uncollectible amount remaining on a contract or grant account, after all revenues and payments have been received. By State of Georgia law, UGA cannot write off an uncollectible expense. Funds have to be moved from other accounts available, via a cost transfer or transfer voucher, to cover the deficit.