Quarterly Reports
The quarterly financial report requirement is on hold until an equivalent report is developed in Workday. Please work with your Shared Environment to ensure the financial health of your center.
Billing Customers
Service centers must consistently and accurately bill all customers. Advanced billing for services or products is not allowed. Non-federal external or outside users may be billed at a higher rate than cost (internal users).
Working Capital
Service centers can retain on an ongoing basis a maximum of 60 days of current expenditures as working capital in their operating account with MAA approval. The Dean or VP can approve the retention of a maximum of 60 days of current expenditures as working capital for recharge centers. Funds or transfers from non-Federal sources or an existing fund balance can be used to acquire the working capital amount. Costs to accumulate working capital cannot be included in internal user rates.