We have unplanned costs due to coronavirus-related business interruptions. Where should we charge these?
- Your EAD / financial leader can advise on where to incur expenses. Typically you can continue to use your typical DeptIDs unless advised differently.
- The Budget Center team will work with each unit to identify incremental expenses or losses that occurred due to COVID-19 related challenges. It is helpful for you to flag/list these items to support that process.
- The university anticipates financial constraints (net revenue lost) due to this crisis. Each school is asked to manage prudently while acting in the interest of safety. Your unit may issue more specific guidance regarding non-essential expenses.