Who Completes This Task: Accountant

Process

SPPS will not draw advance payments on federal funds. All requests for federal funds shall be on the basis of reimbursement.

Criteria

• The month’s accounting is completed
• The budget administrator has approved the expenses
• The chief financial officer or the superintendent have deemed the payment necessary

Steps

1. Send financial activity and request to draw funds to grant budget administrator.
2. Receive permission and confirmation of drawdown amount from grant budget administrator.
3. Log into the appropriate federal agency system (G5, PMS, etc)
4. Request the funds for the grant
5. Send an email to Accounts Receivable
   1. Note the expected sum
   2. Include the codes to be credited
6. Confirm the funds’ receipt, usually by EFT, and verify correct deposit

Documentation Required

• The grant budget manager’s email approving expenses must be retained with grant accounting records
• Copies of any forms or documents involved in the request should be retained with the grant accounting records.