Extramural Accounting Glossary

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z List All Terms

Term	Definition
Account Reviewer	Someone assigned to review transactions on an account and certify the validity of all charges and credits.
After the Fact Reporting	A method of certifying effort described in A-21, providing for certification based on actual payments charged to sponsored projects. Effort reporting certifications are processed in the Effort Reporting System. Instructions, best practices, and FAQ are available on the Effort Reporting Help web site.
Allocable Costs	Allocable Costs are those Allowable Costs that actually benefit grant or contract activities to which they are being assigned. In effect, Allocable Costs is another term for Direct Costs, since Indirect Costs, by definition, are excluded from being Allocable Costs.
Allowable Costs	Those categories of costs that are allowable as a charge on a grant or contract as determined by the terms and conditions of the award and/or appropriate cost principles. Certain types of costs, such as the cost of alcoholic beverages, are not allowable and may not be charged to a contract or grant.
Annual Phase-In Period	UC Davis is adopting an annual effort reporting cycle, with two phase-in periods prior to the first annual cycle. The schedule of the transition to annual reporting is as follows: First Phase-In Reporting Period: July through December 2006, Reports Generated: February 26, 2007 Second Phase-In Reporting Period: January through September 2007, Reports Generated: November 15, 2007 First Annual Reporting Period: October 2007 through September 2008, Reports Generated: November 15, 2008
Assistance	In the definition of federal domestic assistance, refers to the transfer of money, property, services, or anything of value, the principal purpose of which is to accomplish a public purpose of support or stimulation authorized by federal statute.
Award	An award is an agreement between a sponsor and the university for support of research, scholarly or professional training, or public service programs related to research or to scholarly or professional training.
Award Number	The unique identifying number assigned by the sponsoring agency (or by the campus contract and grant office in the absence of a sponsor assigned award number) to the contract, grant, or cooperative agreement award document.
Award Period End Date	Date the award ends. The project period for grants is for administrative planning purposes only and imposes no legal obligation by the Government to require performance or provide funding beyond the current budget period, and provides no legal rights to the grantee beyond the current budget period.
Award Period Start Date	Date that a new, renewal, or supplemental agreement award becomes effective. The term effective for reporting purposes means the calendar date recognized by the award as the beginning for performance and incidence of costs.

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