Program Income

SmartKeys will be established with a Fund Code of 2282 for projects with Program Income. Due to system configuration, these SmartKeys will have different Project IDs than the original project. Because these SmartKeys are not tied to the original project by project number, they will not show on an Award report. Each established Program Income SmartKey will have a Project Type of PGINC. The Description will contain the Award ID to which it is associated to help manage the project.

All Program Income and Interest revenue/expenses should be charged on the Program Income SmartKey. At close, any money that needs to be returned to the sponsor will be returned from this SmartKey.