For the past two months, General Accounting and the Office of Budget and Planning have handled the reclassification of budgets for revenues and non-salary related expenses from non-Salus-specific account codes to Salus-specific account codes for administrative cost centers that do not have unique orgs associated with Salus. Effective immediately, any remaining reclasses of revenues or non-salary expenses associated with administrative cost centers must be submitted by the department via the Journal Workflow, which is available in the DrexelOne portal.
The University is planning to physically inventory any research equipment purchased with grant funds to ensure compliance with this federal requirement beginning on Tuesday, January 21, 2025, and continuing over the next several weeks until complete. Asset Services, an inventory management firm, has been engaged to complete the physical inventory and tagging.