Last Updated: Saturday, January 30, 2021
Model Category:
Model Line: Tobacco, L31
Budget Model Contents
Principle
Funding provided to the university from historical tobacco settlements. Internal awards are granted from proposal submissions to ORED.
Source Of Amount
Revenue is recognized to offset the expenses incurred in a fiscal year for internally awarded projects. Un-awarded funds are retained in ORED.
Step Down
None
Balance To Distribute
N/A
Distributions
None
SAP Vs Model
Model only
Q&A
- How would you reconcile the revenue received in the model? It is equal to the expenses posted to the department tobacco cost objects (ie: 21SPDT6500-21SPDT6999)