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Research Accounting Office Research Project Life Cycle

Stages. Proposal - RAO Contract- RAO Expenditure - RAO Reporting- RAO Closure- RAO. Research Accounting Office Research Project Life Cycle. Project Idea. Proposal. Contract. Closure. Reporting. Expenditure. Research Accounting Office. Our objectives for today

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Research Accounting Office Research Project Life Cycle

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  1. Stages Proposal - RAO Contract- RAO Expenditure - RAO Reporting- RAO Closure- RAO Research Accounting OfficeResearch Project Life Cycle Project Idea Proposal Contract Closure Reporting Expenditure

  2. Research Accounting Office • Our objectives for today - to help you understand the role of the Research Accounting Office and what we do. - to help you understand your responsibility within the Research Project Life Cycle

  3. Research Accounting Office • The mission of the office is to provide support for research staff in the financial management of research awards.

  4. Overview Non Pay Costs Project Life Cycle Contract Set Up Terms Proposals Income Cost Statements Audits Overheads Staff Costs

  5. Research Accounting Office • Proposal- advise on budget submissions, formal sign off on budget proposals over €300,000 • Project Set Up on Agresso following on from contract sign off at the Technology Transfer Office • Training and Support for Staff on the University web based financial reports. • Project Operation

  6. Project Operation • Review and approve Post Proposal Forms (hiring of staff) to ensure availability of funds • Process scholarship (student appointments) and course fee payments • Preparation of cost statements/financial reports to funding agencies • Advise on ongoing budget and expenditure queries from Researchers and administrators. • Preparation of files for financial audit and the co-ordination of same. • Processing of journals, the university levy, budget reallocations, reclassification of expenditure, internal transfers, payments to partners, income follow up.

  7. Our Limitations • 1700 live research projects • 400 Agresso Users. • Different terms and conditions - by funder - within funder • EU over 70 different programmes We are not resourced to know the terms and conditions of each project.

  8. Our Improvements • Suite of reports that aid in the management of research awards. • “How To” Guides • Helpful tools and aids and a one stop shop within Agresso. • Macro to aid in the costing of staff for hire. • Revamped office website.

  9. And what we ask of the Research Community • Review the project expenditure on a regular basis • Know the terms and conditions of your projects • Know the reporting timelines to the funder • Work with us and the other support services offices • Share information with other research centres

  10. Research Accounting Office To summarise what we do during the Project Life Cycle Proposals Project Set Up Project Operation Training and Support on Agresso Research Reports Research Community To summarise what we ask of you during the Project Life Cycle Review the project expenditure Know the terms and conditions of your projects Know the reporting timelines to the funder To Summarise

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