Forecasting the Operating Fund Reserves
…for divisional operating reserve analysis. The benefit of using this report for this particular forecast is that the information is summarized and presented in the same format as the Year…
…for divisional operating reserve analysis. The benefit of using this report for this particular forecast is that the information is summarized and presented in the same format as the Year…
…of the loan if deemed necessary by the lender. The University recommends using an 8% interest rate for the modeling of long-term financing costs. Documentation For each internal loan,…
…and equipment requirements should be identified and estimated using the best available information, e.g. supplier’s price lists. In the case of significant and specialized items, consult with Procurement Services for…
…may share a portion of that revenue by reallocating the overhead budget using a Budget Transfer Revision. Refer to the GTFM section: Changing the original budget: Authorization and Procedures for…
…reimbursed only upon submission of original receipts. Considerations when using Per Diems: In the case of meals, in particular, the amount of the University allowance may not be sufficient to…
…CIHR and CFI staff will conduct periodic monitoring visits. While these sponsors are precluded from using the term “audit”, their monitoring processes are based on audit processes. Some sponsors will…
…the grant or contract will be distributed to divisions using the same methodology as research overhead. For more information on this distribution, refer to the GTFM section Indirect Costs (Overhead)….
The purchase of goods and services at the University of Toronto can be made using a number of different methods, depending on the type of purchase and the value. For…
…value of expenditures increase so does the potential price advantage in using a purchase order or departmental credit card. Payments for personal services which are very small, non-routine and non-recurring…
…transactions is sometimes truncated on the monthly Fund Centre Detail Report, you can always view the full text for customs documents on-line using any of the usual on-line reports. The…