Bad Debt and Allowance for Student Receivable Credit Losses ..... 83
Grants Management ..... 84
Procedures ..... 84
Grant Submission ..... 84
New Grant Setup ..... 85
Grants Month-End Processing – Revenue Recognition and Indirect Cost Allocation ..... 89
Grant Billing ..... 91
Collections from Grantors ..... 92
Grant Financial Reporting ..... 92
Grant Close-Out ..... 93
Allowance for Grants Receivable Credit Losses and Bad Debt Write Offs ..... 93
Cost allocation plan ..... 95
Cash Handling ..... 95
Policy ..... 95
Procedures ..... 95
Processing Incoming Mail and Electronic Payments ..... 96
Posting Cash Receipts Payments ..... 96
Depositing Funds ..... 98
Processing Returned Checks and Electronic Payments ..... 98
Purchasing ..... 100
Policy ..... 100
Procedures ..... 100
Purchasing Authority ..... 100
Purchasing Approval Queue Maintenance ..... 101
Vendor Maintenance ..... 103
Requisitions and Purchase Orders ..... 107
Contracts, Consulting Agreements, Leases ..... 110
Requests for Bids and Proposals ..... 112
Procurement Cards ..... 113
Card Issuance ..... 113
Coding Procurement Card Charges ..... 114
Purchasing Month-End Closing ..... 114
Travel Expenses ..... 116