Scope: The purpose of this workflow is to define the process for processing and approving residual account set-up. Note: No residual account is to be established with “projected” awards. A fund must be active and fully operational before an account can be considered.

SRP

1. Upon receipt of a new grant or when FY TNS sheet process has been completed, analyze budget and determine if a residual account is required based on TNS report.
2. Complete all of section A, and “Dept,” and “Fund Number” columns in section B of the residual account request form.
3. Are the accounts SRP and U-Center Grants?
   • If yes, sign and route to U-Center for review and approval. U-Center will complete section B of the residual account request form, sign and return to SRP.
   • If no or when returned from U-Center, route to principal investigator (PI) for review and approval.

Principal Investigator (PI)

4. Approve residual participation (reference SOM policy 950-01-004 for eligibility criteria).
5. Review and approve residual account request form (return within 3-5 working days).
6. Return form to SRP or U-Center.

Business Operations

7. Review forms and payroll backups.
8. Is BEA ok to process?
   • .If yes, process BEAs (transfers to be processed before the end of the month)
     • Return executed form to SRP/center and FAO.
   • If no, return to SRP for correction.

SRP/U-Center FAO

9. Route to FAO for review, approval and to obtain chair approval.

FAO/Department Chair

10. Review form and provide feedback.
11. Approve, amend, or reject.
12. Return form to SRP or U-Center within 3-5 working days.