Page 1 - How do I close a Research Participant Payment Fund (RPPF)
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Closing an RPPF




        How do I close a Research Participant Payment Fund (RPPF)?


        Overview

        The following is used to close a Research Participant Payment Fund (RPPF). This job aid will discuss the steps of
        closing an RPPF. When study funds are no longer needed, the fund should be closed as soon as the PI and/or
        Custodian become aware the study funds are no longer needed.


        Close a Research Participant Payment Fund (RPPF)

        To close an RPPF, perform the following steps:


            1. If there are any payments to participants that have not been replenished, please follow the instructions
               on the How do I Replenish a Research Participant Payment Fund (RPPF)? job aid.

                    All payments to participants must be replenished before RPPF can be closed.

                    If you do not have access to process a departmental deposit, please contact your department business office.

            2. Deposit all remaining cash and uncashed checks to the Grant Speedtype, account 11330 through an
               Emory departmental (ePay) deposit.  For assistance with depositing funds, please see the How do I
               Create Direct Journal ePay Deposits? job aid.

            3. After the deposit is created, print the deposit report and take it along with the cash and un-cashed
               checks to the Bursar’s Office in a timely manner.

            4. Once the deposit has posted in Compass, account 11330 should be zero for the grant study.  This
               balance can be viewed using the Emory University Sponsored Research Financial Summary report in
               Emory Business Intelligence  (EBI).




        Need Additional Help?
                     For additional help, please contact the Finance Support Center in one of two ways:

                     Online: https://eufinancesupportcenter.force.com/login?
                     Phone:  404-727-7000 Mondays| 9:00 am – noon; Tuesday – Friday| 9:00 am – noon and 1:00 pm – 3:00 pm



























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         Emory Confidential and Proprietary           Last Revised on 7/18/2019                 Return to Table of Contents
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