Project Accounting definition

Project Accounting means that, where a Recipient has multiple projects, all costs will be allocated to a specific Project. These costs will then be reconciled with the sources of funding, ensuring accurate accounting. The Recipient may receive funding from multiple sources. For the purpose of Audit and Accountability Requirements, each Project has a separate source of funding. Project Accounting connects Recipient funding with Project activities to effectively track the financial progress of a Project.
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Project Accounting means that, where a Recipient has multiple projects, all costs must be allocated to a specific Project. These costs must then be reconciled with the sources of funding, ensuring accurate accounting. The Recipient may receive funding from multiple sources. For the purpose of Audit and Accountability Requirements, each Project has a separate source of funding. Project Accounting connects Recipient funding with Project activities to effectively track the financial progress of a Project.
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Project Accounting means that, where aRecipient has multiple projects, all costs will be allocated to aspecific Project. These costs will then be reconciled with the sources of funding, ensuring accurate accounting. TheRecipient may receive funding from multiple sources. For the purpose of Audit and
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Examples of Project Accounting in a sentence

  • You must submit a revised Budget to the Department, for approval by the Department and the City Comptroller (Attention: Grant and Project Accounting Division), reflecting such additional funds, the cumulative Committed Compensation and the revised fund number.

  • The expenses allocated using the Project Accounting System allocator are primarily for processing project transactions.

  • If the County rejects the Project Accounting, the Agencies shall meet and confer and come to a mutual agreement on the Project Accounting.

  • If you have any third party products or modules/additional products outside the GP dictionary (such as Project Accounting, Fixed Assets etc.), data in those modules will not change to new account number if a date is specified while running Changer.

  • The Fixed Asset and Project Accounting Service Center will also regularly assess customer satisfaction and will use the results as a basis for changes to this agreement The Fixed Asset and Project Accounting Service Center will have regular meetings with the customer base and will discuss standards of service as necessary.

  • The Fixed Asset and Project Accounting Shared Service Center will provide our customers with quality, timely and efficient services.

  • The Chief of Project Accounting Group, Finance Division, FAO, and any person or persons whom he or she shall designate in writing is designated as representative of the Recipient for the purposes of taking any action required or permitted to be taken under the provisions of Section 2.02 of this Agreement and Section 1.06 of the General Conditions.

  • Vendor perception of wait time for payment from fulfillment PAS Project Accounting System How the field books their time and part of how they are compensated (utilization).

  • All Project Accounting Records shall be subject to periodic review by the Parties as needed.

  • Subcontractor's invoice shall include the SOW number and title, EMC customer name, purchase order number, Project Accounting System (PAS) number if assigned, project role, skills provided, expenses, date(s) of service, hourly rate and invoice total.