Activity: Revenue Producing Activity Policies: VI-121 Establishing and Generating Revenue Producing Activity http://www.indiana.edu/~cats/formsAndDocs/VI%20121%20Revenue%20Producing%20January%202011.pdf Conflicts of Commitment http://www.indiana.edu/~uhrs/policies/uwide/coc.htm Conflicts of Interest http://www.indiana.edu/~uhrs/policies/uwide/coi.htm Purchasing Policies http://www.indiana.edu/~purchase/policies/policies.shtml I-370 Fund Balance in Recharge Centers http://www.indiana.edu/~vpcfo/policies/accounting/i-370.html I-400 Formula for Setting Recharge Center Rates http://www.indiana.edu/~vpcfo/policies/accounting/i-400.html I-410 Recharge Center Transfers http://www.indiana.edu/~vpcfo/policies/accounting/i-410.html Intellectual Property Policy http://www.research.iu.edu/respol/intprop.html VI-90 External Agency Agreements http://www.indiana.edu/~vpcfo/policies/treasurer/vi-90.html Additional Forms: Revenue Producing Activities Questionnaire http://www.indiana.edu/~vpcfo/policies/accounting/rpaquestionnaire.doc Business Plan Template http://www.indiana.edu/~vpcfo/policies/accounting/busplantemplate.doc Business Plan Template, Non-recurring Activity http://www.indiana.edu/~vpcfo/policies/accounting/busplantemplatenonrecurring.doc Revenue Producing Activity Routing Sheet http://www.indiana.edu/~vpcfo/policies/accounting/rparoutingsheet.doc Conflict of Interest Disclosure Statement http://www.indiana.edu/~cats/formsAndDocs/coi-disclose.pdf Things to Know: Must be consistent with the mission of the university and the mission of the specific organization. Applies to internal and external sales activities. Definition of revenue producing activities (RPA) – Revenue is generated from sale of products and/or services provided by the university or university employees. Excludes all sponsored programs. External sales – An exchange by the university of tangible or intangible products and/or services with external customers for monetary consideration. Does not pay for the goods or services from an IU account. Sales revenue may exceed expenses. Excludes – technology transfer, license and trademark agreements. Internal sales – The sale of goods or services by one university department to another department within the university and to sales within a department. Limited to break-even basis. Transactions use an Internal/Service Billing or batch process. Must be approved by campus business officer. Revenues produced must remain in university accounts and use appropriate object codes. Governed by Indiana State Law and university Conflict of Interest Policy. Contacts:
BL - Rozzie Gerstman 5-1123
UA - Joan Hagen 6-2548Procedures:
- Schedule a preliminary review meeting/discussion with the campus business officer before commencing with the following steps in establishing an RPA account;
- Complete an RPA Questionnaire;
- Create a business plan;
- If a recharge center, prepare a schedule of rate calculations for the operation; and,
- Submit the questionnaire, business plan, completed Conflict of Interest Disclosure Statement, if applicable, and any supporting paperwork to the campus business officer for approval.
Additional cross references:
Program Income
http://www.fms.indiana.edu/cg/imp_notice/00-6.asp
Internal Billings to Sponsored Projects
http://www.fms.indiana.edu/cg/imp_notice/00-3.asp
IU Copyright Center
http://www.copyright.iupui.edu/
