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Re: Receivables Nicholson, Joanne M. - Personal Acct. 30 Jan 1997 08:34 EST

We discount all of our receivables based on historical data on how much we
actually receive overall.  The federal receivable isn't as
unpredictable as with pharmaceutical studies.  Our discount ranges from 4%
to 33% depending on the funding source.

***************************
Joanne Nicholson, CRA
Henry Ford Health System
xxxxxx@metronet.lib.mi.us
Office (810) 641-4079
Fax    (810) 641-4163

On Wed, 29 Jan 1997, Research Administration Discussion Group wrote:

> This is a question for the post award people:
>
> Currently, a receivable is recorded in the amount a project has been
> awarded at the beginning of the project year.  An administrator is
> questioning this practice because of the large receivable amount
> shown on our yearly financial statements.
>
> What is the practice of the other institutions out there regarding
> receivables?  Any help would be appreciated.
>