Grant & Contract Accounting assists the UW community by facilitating the post award financial elements of sponsored programs from budget set-up to close.
SPONSOR PAYMENTS
GCA issues invoices to grant and contract sponsors or draws down funds via Letter of Credit per the terms of a budget’s award agreement.
PREPARE FISCAL REPORTS
GCA prepares fiscal reports to demonstrate to the sponsor UW’s stewardship of award funding.
CLOSE BUDGETS
GCA’s goal is to complete budget closeout within 120 days of a grant or contract budget’s end date.
SETUP BUDGETS
GCA establishes and revises new and existing grant and contract budgets in UW’s financial systems.
