Reminder: Process for Setting Up a New Study Abroad Fund - 10/16/12
The International Programs business office offers these reminders about the process for setting up a new fund.
- Review the Departmental Study Abroad Program process located in the Accounting Services/Account Management category on the Business @ Purdue website.
- If a new 2204XXXX fund is needed for the program, follow the instructions outlined in steps 8 and 9 of the process.
Study Abroad funds have been granted an exception to be exempted from charging fringe benefits. Using the naming convention and “Report Group > Sub Group” identified in the process will help identify the fund as Study Abroad. The 2204XXXX fund is used for other types of University funds that are not exempt from fringes.
- After receiving notification that the fund has been established, use t-code FM5S Display Fund to make sure it is set up correctly. If there are errors, work with the Accounting Master Data team. Contact the team by email at email@example.com.
Please refer questions regarding study abroad accounts to Ashlee Robertson, director of financial affairs, Graduate School and International Programs.