Page History

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• To update the Institution Balance column, the following blanks usually need to be filled out for a Non-Grant fund, which can be found in the the PDF file:
  1. Budget Actual –
     1. State and ICR funds - should be copied into Actual Institution Balance line.
     2. Self-supporting funds - should be copied
     into
     1. into Not Reflected Institution Balance line.
  2. Expenditures – under the Current Month column
     1. Current Month –
     labeled
     1. labeled Total Direct Expenses
  3. Revenue – under the Current Month column., only for Self-Supporting Funds
     • Current Month – labeled labeled Total Revenues
     • This is the only difference between Self-Supporting funds and everything else.
  4. It is also important to tick the box labeled NR – this should then result in a tolerable variance. Check the variance.
  5. Once a variance is reasonable, click Reconcile.
• The rest of the steps will be the same.

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