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2113 Salary Recovery

Controller's Office

Purpose

Manager

Used to charge all or a portion of a faculty member's annual departmental budgeted salary to a grant.

Finance Contact:  Roberta Chestnut


Process

  • Sponsored Research Services (SRS) initiates a payroll authorization charging all or a portion of a faculty member's annual academic salary to a grant
  • Salary transactions get posted directly to the grant, which are then billed to the sponsor
  • The budgeted amount of the salary recovery gets placed in a holding project during the current fiscal year
  • In the subsequent fiscal year, the budgeted amount gets distributed to the organization in the form of a discretionary spending project
  • Salary recovery gets distributed 1/3 to the Dean and 2/3 to the Department