2. Bren School Group Project Financial Managers’ Meeting

3. Bren Financial & Operations Team Members Kim Fugate Financial & Operations Manager Bren 2516, x3540 Frank Soares Payroll/Travel Coordinator Bren 2522, x6114 Connie Fourqurean Purchasing Coordinator Bren 2522, x6114 Sage Davis Building Manager Bren 1016, Cell 805-448-0028

4. Funding Each Group Project is provide a total budget of $1,500 (State funded).  $1,300 for supplies, materials, travel, etc.  $200 for Bren Printing (photocopying and printer quota) Printing Funds  Group will decide on allocation of printer funds. e.g one designate assigned to print, or two designates. Funds will be allocated to each member’s personal printing account.  Contact Connie at connie@bren.ucsb.edu to request printing funds allocation and copier codes.connie@bren.ucsb.edu  Printing and photocopying is:.05 cents/page.  Financial Manager must track copies within budget; overdraft by designate are routed to personal BARC accounts.

6. Funding cont’d Extramural Funding – Three Types  Paid Direct Funds given directly to group project for use Client pays for expenditures like travel No contract required to receive funding

7. Funding cont’d  Gifts Funds given to UCSB with general direction for use No Deliverables Generally unrestricted uses No contract required to receive funding DO NOT contact donors directly. Communication with donors is made by the Development Team – Jennifer Deacon

8. Funding cont’d  Contracts and Grants Funds given to UCSB with specific stipulations Deliverables – Progress reports and findings Funding uses restricted by contract and university C & G rules Official university signature and approval from the Office of Research required to accept funding All C & G activities run through the Financial Team – Kim Fugate Potential Indirect Cost

9. Funding cont’d You are not authorized to sign anything or enter into any agreements on behalf of the University of California! This includes Memos of Understanding, Confidentiality Agreements, Non Disclosure Agreements

10. Purchasing Purchase Orders  UCSB uses Purchase orders (PO’s) for the bulk of purchases  PO requests can be made using the online order form on the Bren Website  http://www.bren.ucsb.edu/services/admin/po/ http://www.bren.ucsb.edu/services/admin/po/  Orders are placed by the Financial Team. The requestor is notified when the item has arrived  PO’s can be given directly to the purchaser for use locally  UCSB Credit Card – a.k.a “FlexCard” can be an option.

11. Purchasing cont’d Reimbursements  Purchasing GP materials and then getting reimbursed is allowed but generally discouraged  Original receipts are required for all expense claims  Submit original receipts noting what the expense was for and what Project Code to charge.  Lost Discounts are not reimbursable  Reimbursements must be signed by the Financial Manager purchasing@bren.ucsb.edu

14. Travel Allowable Expenses  Transportation Airfare – economy only Train/Bus/Taxi (no limo service) Rental Car and Gas – Deny insurance coverage Personal Car Mileage – Currently $0.555 per mile  Hotel  Food Domestic – up to $64 for a 24 hour period, with original itemized receipt(s) International – Per diem per State Dept website  Conference Registration  Parking  Names must appear on all receipts (including meal receipts)

15. Travel cont’d Non-allowable Expenses  Alcohol (state funds)  Personal Entertainment  Limos/Hotel Suites/First Class Airfare, upgrades non- refundable  Internet Package Deals Travel Reimbursement Worksheets  Domestic  Foreign Travel must take place prior to reimbursement Turnaround time for checks ~ 4-6 weeks

18. Travel cont’d Travel Advances  2 Weeks to process  Check sent to address indicated on form  Must submit travel voucher when trip is completed and no later than 30 days upon completion of travel  Travel Advance Worksheet Booking as a group – Meals, Hotels, Flights UC Travel Center Direct Billing – Local Hotels UCSB Transportation Services travel@bren.ucsb.edu

20. Entertainment Provide meals at business meetings  Light refreshments and simple meals are allowable Bagels and Coffee Light Lunch  Only to be used for entertaining clients from off campus  Not for celebratory events  Check with Finance Team for donor funds!

21. Entertainment cont’d Documentation  Itemized Receipt  Names of attendees – everyone  Affiliation  Reason for business meeting Use the form – Business Meeting/Entertainment Worksheet Entertainment is always an out of pocket reimbursement

23. Employment Hiring someone to work for your Group  Editing  Compiling Research  Surveys Questions we have to ask  Are they legally allowed to work in the US?  Do they already work elsewhere on campus?  Do they have a SSN or ITIN?  Should they be a contract employee? Talk to us before offering anyone a job!

24. Contracts for Services Personal Services Agreements  Business Services Request for Services doc At least 2 weeks in advance Insurance requirements Plan way in advance!  Letter Agreement Small total cost Done in Bren Arms Length Policy = No Friends/Family/Co-workers Must be eligible to work in US

25. Phone Codes Authorization Code – Five digit code for calling off campus – Can be used from any UCSB phone – All costs for making calls charged to your GP code – Use for conference calls – Billed in arrears

26. Parking Permits Four Kinds – Guest Parking - $8/day – Park in student/visitors lots. Closest Mesa Parking Structure (lot 18). Permits Picked up at Info Kiosk. – VIP Permits - $10/day – Park in any faculty/staff/student lot – Closest Bren Lot. Permits Picked up at Info Kiosk – Reserved Space - $30/day – Specific parking space reserved in any lot. – All parking permits must be requested through the Financial Team. fsoares@bren.ucsb.edufsoares@bren.ucsb.edu

27. Bren Website All forms and information can be found on the Bren website under the Financial Services tab at the top and then Administration. http://www.bren.ucsb.edu/services/accounting.htm

28. Notes The Group Project Financial Manager doesn’t have to do everything financial Come See Us First

29. Questions?