Accounting on Sponsored Projects

DRDA staff assist Project Directors in resolving problems related to personnel, space, equipment, and services. DRDA does not maintain an accounting of the funds for a project, however.

Financial Operations Sponsored Projects is responsible for establishing and maintaining accounts, distributing monthly financial statements, and providing guidance to ensure compliance with sponsor and University regulations regarding grants and contracts.

See also: M-Reports

M-Reports is an intuitive web-based system that provides official and projected balances, as well as links to underlying transaction details. Faculty benefit by using these "at-a glance" reports to easily identify high-level balances for their sponsored project/grants, compare expected budget and expenditures to their actual activity, and minimize risks in over or under spending their sponsored project/grant. M-Reports is available via Wolverine Access. For assistance or questions, contact the MAIS Help Desk by phone (734) 936-7000, option 7 or by email to maishelpdesk@umich.edu.