About Grants and Contracts Accounting
The Office of Grants and Contracts Accounting (OGCA) is dedicated to serving the post-award needs of investigators, as well as college and departmental administrators by providing post-award guidance for sponsored awards received by the University of South Alabama. OGCA is responsible for establishing funds for new awards in the University accounting system (Banner), entering the appropriate budget and overhead information for each award, and preparing all billing and financial reporting as required by the sponsoring agency.
Assistance is provided to investigators and administrators on issues such as allowability of costs, availability of funds, cost sharing, and general information regarding accounting and costing policies.
Other areas of responsibility include grants and contracts accounts receivable, effort reporting, service center oversight, F&A rate proposal, subrecipient monitoring, fiscal closeout, record retention, and coordination of agency audits, as well as the annual Single Audit.