How to Record STTR Partner Institution Costs
Records the costs associated with the mandatory research institution partner in a Small Business Technology Transfer (STTR) contract.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Direct Project Costs - STTR Partner | Expense | 15,000.00 | - |
| Accounts Payable - Research Institution | Liability | - | 15,000.00 |
💡 Accountant's Note
In STTR contracts, at least 30% of the work must be performed by a partner research institution. These costs are tracked separately to ensure compliance with the STTR program requirements and for reporting to the granting agency.
Practitioner & Systems Framework
💻 ERP Architecture
Set up a unique sub-contractor ID and project code suffix to isolate partner institution spend from other commercial subs.
⚠️ Audit Flags
Verification of the 30% minimum work-share requirement during SBIR/STTR audits.
📄 Required Documentation
Sub-award agreement, institutional invoices, and technical progress reports for the specific period.
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