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Frequently
Asked Question
What's
the purpose of a Departmental Sales account and why can't
my small sponsored projects be accounted for in one?
- A Departmental
Sales account is used to deposit incidental income resulting
from such things as repetitive tests and analysis performed
in a University lab environment where the service may be
offered to many users primarily within the University or,
on occasion, to external organizations. It should also be
used to deposit incidental income (i.e. honoraria payments)
resulting when a faculty member receives small checks for
assistance to outside units while being paid on University
payroll. A sponsored project, on the other hand, is for
on-going non repetitive effort involving many different
processes for the same outside organization, usually based
on very specific procedures and an estimated budget which
will yield a desired outcome.
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