4-600 Funding of Cost Disallowances

It is the responsibility of the Chancellor, LBNL Director, or Vice President--Agriculture and Natural Resources to initiate funding actions to satisfy audit settlements. The following steps should be taken:

a. Campus should select an appropriate fund source depending on the nature and circumstances of the audit and disallowance.

b. If the appropriate fund source is federal contract and grant overhead (fund 69750), the procedures governing the write-off of disallowed claims as set forth in the Accounting Manual, Chapter C-557-23, should be followed.

c. If the appropriate action is the write-off of a State or private agreement claim, the procedures governing the write-off of disallowed claims as set forth in the Accounting Manual Chapter R-212-2 should be followed.