HUH? : SOI FINANCE ACRONYMS/ABBREVIATIONS
This acronym stands for Negotiated Indirect Cost Rate Agreement.
What is NICRA?
You should do this when you have both personal and corporate card expenses in the same month.
What is submit 2 expense reports?
These staff members work with the Unified Champion Schools team and DOE funds.
Who are Sarah Duckworth and Erik Ellis?
This report shows budgeted and actual spending for a specific award.
What is an Award Budget vs. Actual report?
This staff member grew up livin' it up with Pitbull in the 305.
Who is Andrew?
This acronym stands for budget vs. actual.
What is BvA?
This is due by the 10th business day each month for timely and accurate reporting.
What are expense reports?
These two staff make up the Accounts Payable team.
Who are Hiro and Andrew?
This month is when budgeting for the next year begins.
What is July?
This Finance team member has been with SOI the longest.
Who is Tricia Dawson?
This abbreviation is used in reference to Navision, the accounting software used by the Finance Department.
What is NAV?
This document can be attached to any expense over $25 that is missing a receipt.
What is a Missing Receipt Affidavit?
This staff member oversees the Strategic Investments department.
Who is Mike Meenan?
This is the number of Budget Officers each department has.
What is 1?
This is the number of staff working in Finance at this moment in time.
What is 20?
This term indicates the process in which money awarded to SOI is passed on to programs (aka sub-recipients).
What is a subaward?
This day, before noon, is the weekly deadline for invoices to be processed by Accounts Payable.
What is Tuesday?
This staff member fulfills all outbound Invoice requests.
Who is Rose Boadi?
These people ultimately approve the annual SOI budget.
What is the Board of Directors?
This staff member was voted most likely to have Chick-fil-a breakfast at their desk.
Who is Maureen Don?
This term indicates the generally accepted accounting principles that Finance follows.
What is GAAP?
You can find the Wire Log (the listing of all checks and/or wires that have been paid by Finance) here.
What is the Finance page on MySOI?
This staff member manages all petty cash requests.
Who is Massa Richards?
SOI's standard indirect cost rate for non-federal awards.
What is 18%?
SOI has 14,000 of these items in a safe to be used as gifts for honored guests, to sell at events, etc.
What are Eunice Kennedy Shriver commemorative coins?