Such amounts should be recorded in the Miscellaneous Income GL Account 55090, using Donor Code 00311 and be processed in the AR module through a Direct Journal entry For any arrangement that does not meet all of the above criteria, as stated in the template, [1] It is recommended that country offices negotiate the number of installments to ensure at least six months’ anticipated disbursements are funded with each installment. This will make processing of contributions and reporting more efficient for the country offices. GSSU would process these arrangements with signed agreement uploaded to DMS and recorded with the donor code created for the project. Upon receipt and identification of the payment, Treasury Associate will create a Direct Journal deposit which will be applied by crediting account the Miscellaneous Income account 55090 as follows: OPER. IMP. ACCT FUND DEPT PC BU PROJECT ACTIVITY DONOR UNIT AGY 55090 00001 CO or H17 CO or 14404 BLANK BLANK BLANK BLANK 00311 If small donations are received for a specific fund and project, these should be included in the COA. ACCT FUND OPER. DEPT PC BU PROJECT ACTIVITY IMP. DONOR UNIT AGY 55090 XXXX CO CO XXXX XXXX XXXX XXXX 00311 For Disaster Relief funds Guidance and procedures are communicated by OFA. Usually a fund code and donor code are set and used in the COA to record either staff donations/individual donations. Country offices should contact the Treasurer for guidance where disaster relief funds are mobilized. For larger contributions from donors, agreements are negotiated through CRU. Monitoring of Pending Milestones COs/Business Units have access to the report of contracts with pending milestones and should regularly review this report and proactively follow up with donors on milestones with expired due dates. This, for example, would mean following up where EU reports are long overdue; parliamentary approval has not been received; or first deposits have not been received. GSSU will also access the Report of contracts with pending milestones to review pending milestones for which the due dates have expired and, where an issue is identified, will notify the respective CO or Business Unit via the DMS/CRM workflow. These common types outstanding milestones will include the following: First deposits Approval of EU reports
Such amounts should be recorded in the Miscellaneous Income GL Account 55090, using Donor Code 00311 and be processed in the AR module through a Direct Journal entry For any arrangement that does not meet all of the above criteria, as stated in the template, [1] It is recommended that country offices negotiate the number of installments to ensure at least six months’ anticipated disbursements are funded with each installment. This will make processing of contributions and reporting more efficient for the country offices. GSSU would process these arrangements with signed agreement uploaded to DMS and recorded with the donor code created for the project. Upon receipt and identification of the payment, Treasury Associate will create a Direct Journal deposit which will be applied by crediting account the Miscellaneous Income account 55090 as follows: ACCT FUND OPER. UNIT DEPT PC BU PROJECT ACTIVITY IMP. AGY DONOR 55090 00001 CO or H17 CO or 14404 BLANK BLANK BLANK BLANK 00311 If small donations are received for a specific fund and project, these should be included in the COA. ACCT FUND OPER. UNIT DEPT PC BU PROJECT ACTIVITY IMP. AGY DONOR 55090 XXXX CO CO XXXX XXXX XXXX XXXX 00311 For Disaster Relief funds Guidance and procedures are communicated by OFA. Usually a fund code and donor code are set and used in the COA to record either staff donations/individual donations. Country offices should contact the Treasurer for guidance where disaster relief funds are mobilized. For larger contributions from donors, agreements are negotiated through CRU. Monitoring of Pending Milestones COs/Business Units have access to the report of contracts with pending milestones and should regularly review this report and proactively follow up with donors on milestones with expired due dates. This, for example, would mean following up where EU reports are long overdue; parliamentary approval has not been received; or first deposits have not been received. GSSU will also access the Report of contracts with pending milestones to review pending milestones for which the due dates have expired and, where an issue is identified, will notify the respective CO or Business Unit via the DMS/CRM workflow. These common types outstanding milestones will include the following: First deposits Approval of EU reports
FRM_Pipeline%20and%20Revenue%20Management_Other%20Resources_Non-core%20contributions3.docx