Manage Your Account

Manage Your Account

Handling your research funding wisely

The administration of research projects means many responsibilities for the Principal Investigator, as this is ultimately the person responsible for the management of his or her grant or contract. Within these pages you will find information to assist you with the financial responsibility of your research funding. The Brock Research Services Financial staff is here to assist and advise you on fulfilling these critical responsibilities.
 
In these pages you can find out what is required before an account can be opened for you, what your responsibilities are in the administration of your research funds, what expenses are eligible, how to track your research spending, and much, much more.
 
Office of Research Services accounting staff will provide support and assistance to researchers in the management of their research funds. If you have any questions or concerns, contact:
 
View the Managing Your Finances pages to find Tri-council guidelines on the roles and responsibilities of researchers, links to major granting agencies with information on eligible/ineligible expenses, and review Brock’s policy on over-expenditure of research accounts.
 
The expense code table (unique to research accounts), and information about cheque requisitions, purchase orders, travel claims, travel advances, salaries and wages, and payments made to non-residents can be found at Expense Claim Regulations and Forms.
 

Account Statements

Being fiscally responsible entails checking your monthly account statements for errors or omissions.

A print-out of your research account is sent each month to the departmental administrative assistant for distribution. View General Ledger Simplified to understand how to read your statement.

For samples of monthly account statements and what they mean, view:

 

For a list of the types of transactions on your account and their descriptions, see Account Transaction Types.