| 1.) |
Who
in Sponsored Research Accounting handles my department? |
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| 2.) |
What
are the salary certification forms? |
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These
are forms where Principal Investigators are asked to certify to
the accuracy of salary costs charged to their sponsored research
project accounts. Usually these are mailed out in February (covering
the prior Fall semester), September (covering the prior Spring semester),
and November (covering July and August salary activity). The certification
sheets must be signed, either to certify salary costs as being accurate,
or with notes of salary costs to be corrected. The signed sheets
must be returned to Sponsored Research Accounting in a timely manner,
where they are retained for possible review by research project
audit groups.
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| 3.) |
Costs
were charged to the wrong sponsored account. How do I correct this? |
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If
salary costs were mischarged you may have to correct this through
Labor Accounting. When you receive your Salary Certification sheet,
if the mischarge has not yet been corrected, simply write this on
the certification (do not hold the certification sheets until you
see the salary has been moved) and return it to our office. If a
non-salary cost has been mischarged, you may correct this by preparing
an interdepartmental invoice. If you need assistance with this please
contact your department representative in Sponsored Research. Because
a project may be audited our office may require a written explanation
of the need for the transfer of a cost from one sponsored project
to another.
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| 4.) |
Our
new research project requires “cost-sharing.” What is
this? |
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Many
research projects expect Princeton University to share in the cost
of the project. If this is to be a portion of the Principal Investigator’s
academic year salary our office will accumulate the financial information.
If the cost-sharing will be something other than salary (e.g., equipment)
our office will contact you for details. Generally we must report
the cost-sharing amount to the sponsor on a financial report.
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| 5.) |
What
must I do when a research project has ended? |
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You
should contact your Sponsored Research representative. She will
assist you in bringing the project/grant account to a zero balance,
and she will also prepare and submit a final bill or final financial
report to the sponsor, if necessary. Most sponsors require project
closeout within 90 days of the project end date.
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| 6.) |
How
long must I keep papers relating to a closed-out sponsored research
project? |
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Papers
on government sponsored grants should be kept for a minimum
of three years after the grant end date. Papers on government sponsored
contracts must be kept until the contract has been audited
by the Federal auditors. Our office will inform you when this has
taken place. In general, papers on non-government sponsored projects
should be kept for at least four years after the project has ended.
Our office will inform you if it is necessary to keep papers for
a longer period.
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