Award Cash Management Service Procedure
The purpose of this procedure is to describe the process by which cash will be drawn down from NSF’s Award Cash Management Service (ACM$).
- On at least a quarterly basis, the Grants Accountant will print the general ledger for each NSF grant restricted account and update the master NSF spreadsheet for each award.
- Once the master NSF spreadsheet is reconciled to Banner, the Grants Accountant will send it to the Assistant Controller for review and approval.
- Once approved by the Assistant Controller, the Grants Accountant will reconcile, submit and certify the totals through the ACM$ system via Research.gov.
- When the requested funds are received from NSF, the Treasury and Payroll Manager will post the funding to the appropriate restricted accounts.
Last Revised: 11/18/2015
Last Reviewed: 02/09/2016