Service Center: Difference between revisions

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===Billing Rate===
===Billing Rate===
The amount charged to a user for a unit of service. Billing rates are usually computed by dividing the total annual costs of a service by the total number of billing units expected to be provided to users of the service for the year. (See [http://info.unmc.edu/fincompliance/core_lab_rate_congifuration_example.xls Rate Setting Procedure] for further explanation).  
The amount charged to a user for a unit of service. Billing rates are usually computed by dividing the total annual costs of a service by the total number of billing units expected to be provided to users of the service for the year. (See [https://info.unmc.edu/management/finance/fincompliance/core_lab_rate_congifuration_example.xls Rate Setting Procedure] for further explanation).  
*'''Billing Unit''' - The unit of service provided by a service center. Examples of billing units include hours of service, animal care days, tests performed, machine time used, etc.
*'''Billing Unit''' - The unit of service provided by a service center. Examples of billing units include hours of service, animal care days, tests performed, machine time used, etc.
*'''Break-even Concept''' - A rate development theory where revenues offset expenses over a reasonable period of time.
*'''Break-even Concept''' - A rate development theory where revenues offset expenses over a reasonable period of time.
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*'''Allowable Surplus''' - A surplus (including both the annual surplus and the carry forward surplus/deficit from prior years) equal to or less than 60 days worth of operating expenditures for a fiscal year.
*'''Allowable Surplus''' - A surplus (including both the annual surplus and the carry forward surplus/deficit from prior years) equal to or less than 60 days worth of operating expenditures for a fiscal year.
*'''Deficit''' - The amount that the costs of providing services exceeds the revenue generated by the service center during a fiscal year.
*'''Deficit''' - The amount that the costs of providing services exceeds the revenue generated by the service center during a fiscal year.
== Policy ==
== Policy ==
Service centers can result in charges, directly or indirectly, to sponsored programs at UNMC. As a recipient of federal grants and contracts, UNMC must comply with cost principles and cost accounting standards promulgated by the federal government.
Service centers can result in charges, directly or indirectly, to sponsored programs at UNMC. As a recipient of federal grants and contracts, UNMC must comply with cost principles and cost accounting standards promulgated by the federal government.

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