Common use of Accounting for Spent Funds Clause in Contracts

Accounting for Spent Funds. 1. For purposes of completing the Expenditure Reports required pursuant to Education Code Section 17076.10, over the course of the project, the Grantee shall maintain a general ledger at a Project-specific level that includes fund, resource, project year, goal, function, and object codes for all expenditures for the Project, including furniture and equipment, as they are described in the California School Accounting Manual, Procedure 301: Overview of the Standardized Accounting Code Structure and Procedure 345: Illustrations Using Account Code Structure. (Authority: Education Code Section 17076.10)

Appears in 5 contracts

Samples: Grant Agreement, Grant Agreement, Grant Agreement

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