Award Set-Up
Establishing Sponsored Project Chart Strings
Once a unilateral or fully executed award agreement has been received by Sponsored Research, it is matched with a proposal, logged into the award information management system, and through a series of business processes will be assigned a chart string in the University’s financial system. SR appropriates the award funding in accordance with the approved budget. For awards with conventional Research Terms and Conditions (RTC), Sponsored Research will open a standard set of NUFinancials budgetary accounts. Review information related to RTC and Agency Specific RTCs.
Standard Budgetary Accounts
The following is the standard set of budget account codes that SR opens on grants where there is not otherwise a prohibition. Note: The availability of a given code does not authorize its use on a sponsored project unless all four cost accounting principles (allowability, allocability, reasonability, consistent treatment) are met. Usage is further subject to sponsor-specific restrictions and/or required prior approvals. Liability for proper use resides with the PI and department.
- 60010 Academic Personnel
- 60100 Non-Academic Personnel
- 60180 Fringe Benefits
- 60210 Non-Academic Temp, Work Study
- 73000 Supplies
- 73351 Radioactive
- 73900 Library Materials
- 75000 Services
- 75001 Consultant Services
- 75491 Space Rental
- 75810 Alterations and Renovations
- 76000 Physical Plant Properties
- 76761 Travel, Domestic
- 76762 Travel, Foreign
- 76776 Travel, Student
- 76781 Visa/Intl Office Fee
- 76900 Utilities and Telephone
- 76951 International Long Distance
- 77000 - Equip Under $5000
- 77500 Capital Equipment
- 77536 Fabricated Equip - In Progress
- 78001 Stipend
- 78021 Tuition
Project Account Summary (PAS)
The PI and department will be sent a copy of the Project Account Summary (PAS) once a chart string has been established. The PI and department are responsible for reviewing the information provided in the PAS and the award documentation. Sponsored Research should be notified if corrections are needed to the PAS. Expenditures must adhere to cost accounting principles, Northwestern policies, and sponsor terms and conditions. Questions about properly classifying expenditures should be directed to Accounting Services for Research and Sponsored Programs (ASRSP).