Activity: Revenue at the IU Foundation Policies: I-460 Depositing of Revenue for the Sale of Goods and Services at the IU Foundation http://www.indiana.edu/~vpcfo/policies/accounting/i-460.html I-50 Allowable Hospitality Expenses http://www.indiana.edu/~vpcfo/policies/accounting/i-50.html I-450 Establishing and Generating Revenue Producing Activity http://www.indiana.edu/~vpcfo/policies/accounting/i-450.html Additional Forms: Disbursement Voucher document located in FIS Things to Know: Revenues generated by university resources through the sale of goods or services must be deposited into an IU account. Funds necessary for expenditures related to revenue generating activities that are unallowable expenditures by university policy may be transferred to the Foundation with documentation if revenues for the activity exceed activity expenditures. Important Notice 00-6, Program Income http://www.fms.indiana.edu/cg/imp_notice/00-6.asp Important Notice 93-1, Depositing of Funds on Contract and Grant Accounts http://www.fms.indiana.edu/cg/imp_notice/93-1.asp
