Category Archives: Policy and Procedure Updates

Cornucopia of Useful Information

Hello, Below are a few things to keep in mind when managing your sponsored projects. Close Date- iO utilizes the close dates to control spending on projects. The close dates are typically set to 45-60 days after the award ends to … Continue reading

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2 New FAQs

FAQ 1: What is the process for managing overspent awards in iO? Once the award has ended, any expenses that are in excess of the award budget are transferred to a Deficit project. RCA will create the Deficit project as … Continue reading

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Updated Non-Labor Cost Transfer Form

Hello, We made a few changes to the form to better explain the data needs. Also included is an example of how to enter data for the converted labor costs. Another tab was added to the spreadsheet to aid in … Continue reading

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University Award Procedure

University Awards Rice‐funded awards that are made to faculty or staff through a competitive process (such as: Faculty Initiative Fund; Enhancing Rice Through Information Technology program; Shell Center; and similar seed funding programs managed by different units) will be established … Continue reading

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Cost Transfer Procedure for Sponsored Projects

Good Morning, The procedure for performing cost transfers in iO has been updated on RCA’s website. The information below can be found at this link https://controller.rice.edu/rca-cost-transfer Cost Transfer Process in iO The process for cost transfers in iO is dependent … Continue reading

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iO RCA Updates June 30 (Sent via listserv)

Hello, On the eve of iO go live, I wanted to take this opportunity to provide information regarding many changes that may impact your organization. RCA accountant responsibilities are now managed by Org (Dept). Attached is the new assignment list. … Continue reading

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New Subaward Process in iO (Sent via listserv on July 15)

Hello, We are pleased to announce the new subaward process. RCA will now be creating requisitions (reqs) and P2P will be creating the purchase orders to manage subawards in iO. New subawards issued by SPARC after 05/31/21 will need a … Continue reading

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