{"id":3299,"date":"2016-12-28T10:51:25","date_gmt":"2016-12-28T18:51:25","guid":{"rendered":"https:\/\/www.washington.edu\/research\/?page_id=3299"},"modified":"2021-11-12T12:49:08","modified_gmt":"2021-11-12T20:49:08","slug":"program-income","status":"publish","type":"page","link":"https:\/\/www.washington.edu\/research\/myresearch-lifecycle\/manage\/financials\/program-income\/","title":{"rendered":"Program Income"},"content":{"rendered":"<p>If revenue (from the sale of goods or services) is being generated by an activity, then a <strong>Service or\u00a0Recharge Center <\/strong>needs to be established. See <a href=\"https:\/\/finance.uw.edu\/maa\/recharge\" target=\"_blank\" rel=\"noopener noreferrer\">Management Accounting and Analysis<\/a> (MAA) for more information.<\/p>\n<p>If the revenue being generated is from a federally-sponsored award then it is considered to be <strong>Program Income and needs to be reported to the federal sponsor<\/strong>. See the GCA links for more information on Program Income: \u00a0<a href=\"https:\/\/finance.uw.edu\/gca\/award-lifecycle\/budget-setup\/program-income-guidelines\" target=\"_blank\" rel=\"noopener noreferrer\">Grant and Contract Accounting (GCA)<\/a>.<\/p>\n<h2><strong>Roles<\/strong><\/h2>\n<ul>\n<li>The Principal Investigator (PI) identifies program income and obtains a rate approval from MAA.<\/li>\n<li>Once the rate has been reviewed, the PI request a Program Income sub-budget from GCA<\/li>\n<li>GCA:\n<ul>\n<li>Obtains approval to establish a Program Income Sub-budget.<\/li>\n<li>Sets up a program income sub-budget.<\/li>\n<li>Reports program income to the federal sponsor.<\/li>\n<li>Works with the department to close out the Program Income sub-budget at the completion of the award.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<h2><strong>Need Support?<\/strong><\/h2>\n<p><a href=\"https:\/\/finance.uw.edu\/gca\/award-lifecycle\/budget-setup\/program-income-guidelines\" target=\"_blank\" rel=\"noopener noreferrer\">Grant and Contract Accounting Program Income Guidelines<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>If revenue (from the sale of goods or services) is being generated by an activity, then a Service or\u00a0Recharge Center needs to be established. See Management&#8230;<\/p>\n","protected":false},"author":13,"featured_media":0,"parent":467,"menu_order":3,"comment_status":"closed","ping_status":"closed","template":"templates\/page-builder-lifecycle.php","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-3299","page","type-page","status-publish","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Program Income - UW Research<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.washington.edu\/research\/myresearch-lifecycle\/manage\/financials\/program-income\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Program Income - UW Research\" \/>\n<meta property=\"og:description\" content=\"If revenue (from the sale of goods or services) is being generated by an activity, then a Service or\u00a0Recharge Center needs to be established. 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