Research Account Activation
Setting up a RES Account
Once Grants & Contracts/Joint Research Office accept the Research Award on behalf of the University, they will then complete the necessary paperwork to request a RES account to be set up, this will be passed to Contract Financial Management (CFM).
Once the account has been setup, CFM will inform the Principal Investigator and the SAP Administrator of the School/Institute of the new account number.
A copy of all paperwork will also be sent to Management Accounts for them to distribute any directly allocated and indirect costs:
- The details of awards can be viewed by the PI and administrators using either the MyProjects or MyImpact systems, Grants and Contracts/Joint Research Office should be notified as soon as possible of any errors on the original record.
- Grants and Contracts/Joint Research Office should be contacted if there are any changes to the award such as extensions in time or cost
- All financial aspects of the award such as billing, statements and invoices are managed by, and authorised by CFM.
- Expenditure Reports are all submitted and approved by CFM. Final statements of Expenditure are sent for review before submission. Financial sanctions apply for late submission for some funders. Therefore it is important you answer any queries CFM may have, as swiftly as possible.