Category Archives: FGC

Finance: Grants and Contracts

Overruns and Over-the-Limit Transactions

The Payment Management System (PMS) is a secure, online grants payment platform, which provides awarding agency and grant recipient customers with efficient grant and grant-like payments, cash management, and personal grant accounting, support services. PMS is widely used by NIH for most awards administered by NIH. PMS supports the entire financial assistance payment process for […]

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Is it an Unliquidated or Unobligated Training Grant?

Unliquidated vs. Unobligated, Training Grants A NIH Training grant is awarded to eligible institutions “to develop or enhance research training opportunities for individuals, selected by the institution, who are training for careers in specified areas of biomedical, behavioral and clinical research” (NIH Grants Policy Statement).  Training grants are commonly referenced by the acronym NRSA = […]

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New Requirements for

  Click here to learn about the new requirements for  

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FGC Operations, Departmental Restructuring

  As of September 1, 2017, Operations moved to a structure of three Financial Managers, each supporting three RAS Units. Each Financial Manager will lead a team consisting of one Lead Financial Analyst, one Senior Financial Analyst. This reorganization will allow us to leverage the experience and knowledge of our senior staff in developing our […]

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FY18 Federal Fringe Rates Effective 9/1/17

  Each year Emory negotiates new fringe rates with the federal government. We recently received approval of our FY18 federal fringe rates. The table below represents the university’s finalized fringe benefit rates for fiscal year 2018. Please use these rates for any new proposals. For proposals already routed, please be aware that the new fringe […]

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NIH Changes Process to Complete Relinquishments

NIH has changed the process to complete relinquishments. In the past, the PHS3734 form was completed noting an estimated amount of direct and indirect cost being relinquished. Upon obtaining all required signatures, the completed form was emailed or mailed to the noted sponsor contact. The process has changed. All forms are now populated and completed […]

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New Options for Electronic Submission of Carryover in eRA Commons

As of June 2017, carryover requests can be submitted electronically under the Prior Approval Module in Era Commons. The electronic submission method for Carryover requests is optional.  Expanded authorities covers automatic carryover of funds when permissible and does not require a written request for permission. Carryover requests are a financial function of the Post Award […]

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OSP, OTT and FGC Discuss Guidelines for Interactions with Sponsors

Joint Announcement from: Kerry Peluso and Holly Sommers, Office of Sponsored Programs Todd Sherer and Cale Lennon, Office of Technology Transfer Bill Lambert, Finance — Grants & Contracts Guidelines for Interaction with Sponsors Office of Sponsored Programs/Office of Technology Transfer The Office of Sponsored Programs (OSP) and Office of Technology Transfer (OTT) should always be […]

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Update on Status of Award Setups

Colleagues: As you are aware, in late January Finance Grants and Contracts (FGC) encountered a major issue in processing roughly 500 award setups that were in the que .  Given that typically a block of this size could take 2-3 months to set up in the system we quickly realized that would create a significant financial […]

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New Electronic Format for Relinquishment Submissions

Written by: Rashonda Harris Office of Finance Grants & Contracts Effective December 2016, NIH has changed the submission of relinquishments to an electronic format.  The new electronic format will limit revisions because the amounts being deobligated are moved much faster in this electronic format. NIH relinquishments must be reconciled confirming the expenses posted to the […]

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