How to Record SBIR Commercialization Labor
Recording labor hours specifically focused on transitioning Small Business Innovation Research (SBIR) technology into the commercial or Phase III production stage.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| SBIR Phase III Development Labor | Debit | 22,000.00 | - |
| Wages Payable | Credit | - | 22,000.00 |
💡 Accountant's Note
SBIR Phase III labor must be tracked separately as it often involves non-federal funding sources or different cost-sharing arrangements than Phases I and II.
Practitioner & Systems Framework
💻 ERP Architecture
Implement project-based timekeeping where Phase III commercialization has a distinct work breakdown structure (WBS) element.
⚠️ Audit Flags
Mixing SBIR federal grant labor with commercialization labor without proper timecard segregation.
📄 Required Documentation
Phase III transition plan and validated timesheets with commercial task codes.
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Discussion & Community Questions
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