### Sponsored Programs Finance

- [ Contacts & Portfolio Assignments](#contacts-&-portfolio-assignments)
- [ Project Setup: How to Get Started](#project-setup:-how-to-get-started)
- [ Managing Expenses](#managing-expenses)
- [ Salary Allocations & Effort](#salary-allocations-&-effort)
- [ Financial Reports (Infor)](#financial-reports-(infor))
- [ Financial Closeout](#financial-closeout)
- [ Single Audit & Federal Rate Agreements](#single-audit-&-federal-rate-agreements)
- [ Resources](#resources)
 
  ## Overview

Sponsored Programs Finance (SPF) is responsible for post-award financial activities for BMC’s sponsored programs. SPF provides financial oversight and proper accounting of externally sponsored funds. SPF’s primary support functions include financial reporting, award closeouts, and Letter of Credit draws and sponsor invoicing.

The links below and additional educational [***resources are compiled***](https://hub.bmc.org/doc/bmc-sponsored-programs-post-award-resources) for convenience.



 ### Contacts & Portfolio Assignments

 [#### Meet the Team

 

 ](https://www.bmc.org/research-operations/finance/spfa-contact-list)

 

 [#### RO Portfolio Assignment, Directory

 

 ](/research-operations/portfolio-assignments-directory)

 

 

 ### Project Setup: How to Get Started

 [#### Timeline for Setup

 

 ](/research-operations/finance/timeline-new-project-setup)

 

 [#### Reporting and Expense Approver Setup

 

 ](/research-operations/finance/project-setup-reporting-access-expense-approver-setup)

 

 [#### Systems

 

 ](https://www.bmc.org/node/171977)

 

 

 ### Managing Expenses

 [#### Subrecipient Invoice Payment

 

 ](/research-operations/finance/subrecipient-invoice-approval-payment-process)

 

 [#### Wire Payments (Foreign Vendors)

 

 ](/research-operations/finance/wire-payment-process-sponsored-programs)

 

 [#### PO Requisitions

 

 ](https://hub.bmc.org/departments/supply-chain-operations/infor-cloudsuite-access-and-training)

 

 [#### Vendor Invoice Payment

 

 ](https://hub.bmc.org/departments/finance/accounts-payable)

 

 [#### Equipment (Capital) Purchases

 

 ](/research-operations/finance/research-equipment-procurement-management-transfer-disposition)

 

 [#### Reimbursements & Travel Expense

 

 ](https://hub.bmc.org/departments/finance/accounts-payable/expense-reimbursements-and-travel)

 

 [#### Cost Transfers

 

 ](/research-operations/finance/managing-expenses-cost-transfers-sponsored-programs)

 

 

 ### Salary Allocations & Effort

 [#### Salary from BU Payroll 

 

 ](https://www.bu.edu/tech/services/admin/fin-hr-proc/central/)

 

 [#### Salary from Workday

 

 ](https://www.bmc.org/research-operations/sponsored-programs-administration/proposal-types)

 

 [#### Time & Effort Reporting

 

 ](/research-operations/finance/time-effort-reporting)

 

 

 ### Financial Reports (Infor)

 [#### How to Access Reports

 

 ](https://www.bmc.org/research-operations/finance/project-setup-reporting-access-expense-approver-setup)

 

 [#### How to Read Financial Reports

 

 ](/research-operations/finance/financial-system-reporting-how-read-reports)

 

 [#### System Troubleshooting & Support

 

 ](/research-operations/finance/financial-system-reporting-financial-system-troubleshooting)

 

 [#### Definitions & General Information 

 

 ](https://www.bmc.org/node/171473)

 

 

 ### Financial Closeout

 [#### Record Retention

 

 ](https://www.bmc.org/research-operations/sponsored-programs-administration/record-retention)

 

 [#### Closeout Process

 

 ](https://www.bmc.org/research-operations/sponsored-programs-administration/award-closeout)

 

 

 ### Single Audit & Federal Rate Agreements

 [#### Single Audit Reports 

 

 ](/research-operations/uniform-guidance-audit-reports-formerly-133)

 

 [#### Indirect Costs & Fringe Rate

 

 ](https://www.bmc.org/sites/default/files/2024-04/BMC_DHHS_Rate_Agreement_20230714.pdf)

 

 [#### Patient Care Rate Agreement 

 

 ](https://www.bmc.org/research-operations/sponsored-programs-administration/blank-3)

 

 

 ## Resources

- [Research Careers with BMC](https://bmc.wd1.myworkdayjobs.com/en-US/BMC/)
- [Systems for Research/SPs](https://www.bmc.org/node/171977)
- [SP Policy Library](https://www.bmc.org/node/172135)
- [ Education and Training](https://www.bmc.org/node/171454)
- [Research Operations Forms](https://www.bmc.org/node/171947)
- [ Contact SPF](mailto:research.finance@bmc.org)