Generating or Soliciting Revenue
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Last Updated: June 2008

Responsible University Officer:
  • Treasurer

Procedure Contact:
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PROCEDURE

Generating or soliciting revenue, varies with each type of revenue. Where procedures have been established, we have made a link to them. To generate or solicit revenue effectively you will need to consider many different aspects of the process. Be sure to review the responsibility section of this policy to anticipate the steps that must be taken, such things as reconciliation procedures and bad debt collection.

Tuition and Fees - Result of Budget Process
Appropriations - Result of Budget Process
Sponsored Projects - See Sponsored Projects Administration's Grants Management Manual
Gifts - See Administrative Procedure - Soliciting Gifts - EFS version TBD. For further information, contact Judy Kirk at 612-624-3333 or kirkx001@umn.edu.
Investment Income - Handled by Office of Office of Investment and Banking (OIB).
Patient Care Reimbursement - See Departmental Procedures
Sales to University Departments - See Administrative Procedure: Obtaining Approval to Conduct Internal Sales Activity
Sales to External Customer - Procedure 3.2.3.1 "Planning Sales to External Customers"

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