Business Operations - RIF Revenue Calculation Reconciliation

1. Run report to find RIF revenue detail on RIF program being reviewed.  Most commonly this will be the PI-03 report. 
2. Run Sponsored Program Summary for each grant that the RIF program received RIF calculation for during the period that is being reviewed. 
3. The Sponsored Program Summary will list both Individual RIF and Department RIF program(s) that will receive the 10% RIF revenue of the grant F&A expense each month.  This can be one or several programs for both the Individual RIF and for the Department RIF. 
4. Run report on grant program(s) to see amount of F&A expenses the 10% RIF calculation will be based on.  This could be either a Transaction Detail report for account code 577100 for the grant or a PI-04 Summary for the grant.

See attached spreadsheet for more details.

Example:

Grant OGMB123456 had monthly F&A expense of $4,013.85

10% RIF Revenue to Individual RIF R0001 is $401.39

10% RIF Revenue to Department RIF R0002 is $401.39