Funded Research Digest (FReD): Due Dates and Deliverables

Sample Schedules Layouts for Payment Methods

The payment method section on the FReD provides information on how the sponsor will pay the University, when the payment or invoice is due, and across what period the sponsor payment applies.

The following samples show the detailed schedule layouts for each type of payment method.

  1. Fixed Instalments: Sample Layout

    Ref Field Description
    A Payment Type Classification of payment activity and includes the following types:

    • Interim: interval payments to be made by the sponsor
    • Final: the last payment to be made by the sponsor
    • Final/Holdback: the last payment to be made by the sponsor and represents the amount held back
    • Off Cycle: payment to be made by the sponsor between a regular interval

    B Amount Expected Amount to appear on invoice (in currency as on agreement)
    C Due Date Date the sponsor payment is due at the University

  2. Fixed Instalments, with Deliverables: Sample Layout

    Ref Field Description
    A Payment Type Classification of payment activity and includes the following types:

    • Interim: interval payments to be made by the sponsor
    • Final: the last payment to be made by the sponsor
    • Final/Holdback: the last payment to be made by the sponsor and represents the amount held back
    • Off Cycle: payment to be made by the sponsor between a regular interval

    B Amount Expected Amount to appear on invoice (in currency as on agreement)
    C Due Date Date the sponsor payment is due at the University
    D Deliverables are tied to payment – note Indicates that there is at least one deliverable that must be completed or submitted to the sponsor in order to receive the payment. See the Deliverables section (next section on FReD).

    Back to Payment Method Table

  3. Invoiced – Fixed: Sample Layout

    Ref Field Description
    A Payment Type Classification of payment activity and includes the following types:

    • Interim: interval payments to be made by the sponsor
    • Final: the last payment to be made by the sponsor
    • Final/Holdback: the last payment to be made by the sponsor and represents the amount held back
    • Off Cycle: payment to be made by the sponsor between a regular interval

    B Invoice Amount Amount to appear on invoice (in currency as on agreement)
    C Period Scope Start First day in date range for incurring expenses covered by this invoice
    D Period Scope End Last day in date range for incurring expenses covered by this invoice
    E Due Date Date the invoice is due at the sponsor (submitted by the VPRI Research Accounting and Audit office)

    Back to Payment Method Table

  4. Invoiced – Fixed, with Deliverables: Sample Layout

    Ref Field Description
    A Payment Type Classification of payment activity and includes the following types:

    • Interim: interval payments to be made by the sponsor
    • Final: the last payment to be made by the sponsor
    • Final/Holdback: the last payment to be made by the sponsor and represents the amount held back
    • Off Cycle: payment to be made by the sponsor between a regular interval

    B Invoice Amount Amount to appear on invoice (in currency as on agreement)
    C Period Scope Start First day in date range for incurring expenses covered by this invoice
    D Period Scope End Last day in date range for incurring expenses covered by this invoice
    E Due Date Date the invoice is due at the sponsor (submitted by the VPRI Research Accounting and Audit office)
    F Deliverables are tied to payment – note Indicates that there is at least one deliverable that must be completed or submitted to the sponsor in order to receive the payment. See the Deliverables section (next section on FReD).

    Back to Payment Method Table

  5. Invoiced – Cost Recovery: Sample Layout

    Ref Field Description
    A Payment Type Classification of payment activity and includes the following types:

    • Interim: interval payments to be made by the sponsor
    • Final: the last payment to be made by the sponsor
    • Final/Holdback: the last payment to be made by the sponsor and represents the amount held back
    • Off Cycle: payment to be made by the sponsor between a regular interval

    B Period Scope Start First day in date range of expense postings covered by this invoice
    C Period Scope End Last day in date range of expense postings covered by this invoice
    E Due Date Date the invoice is due at the sponsor (submitted by the VPRI Research Accounting and Audit office)

    Back to Payment Method Table

  6. Invoiced – Cost Recovery, with Deliverables: Sample Layout

    Ref Field Description
    A Payment Type Classification of payment activity and includes the following types:

    • Interim: interval payments to be made by the sponsor
    • Final: the last payment to be made by the sponsor
    • Final/Holdback: the last payment to be made by the sponsor and represents the amount held back
    • Off Cycle: payment to be made by the sponsor between a regular interval

    B Period Scope Start First day in date range of expense postings covered by this invoice
    C Period Scope End Last day in date range of expense postings covered by this invoice
    D Due Date Date the invoice is due at the sponsor (submitted by the VPRI Research Accounting and Audit office)
    E Deliverables are tied to payment – note Indicates that there is at least one deliverable that must be completed or submitted to the sponsor in order to receive the payment. See the Deliverables section (next section on FReD).

    Back to Payment Method Table

  7. Deliverables Only: Sample Layout

Back to Top ↑

© 2017 Office of the Vice-President, Research and Innovation. All rights reserved. | Site map | Accessibility | Log in