Milletech’s Research Accounting Reporting and Analytical Tool (ReARTS) now features an additional module for Compliance Reporting on ARRA stimulus funding. The module tracks, reports and alerts on compliance on matters related to the stimulus funds. ReARTS has the ability to segregate and/or combine stimulus and non-Stimulus funds for reporting. ReARTS also meets the new transparency requirements from the government for separate reporting and combined reporting on Research on a monthly and quarterly basis with rollup to the recipient. The module meets requirements for job creation reporting and reporting on progress to goals stated in the grant or contract.

Some of the key features of the ARRA Compliance module are:

  Proposals under stimulus plans with direct/indirect cost details.

  Grants and Contracts by Agency with available balances.

  FSR by Grants with Un-liquidated Obligations.

  New FTE budgeted under Stimulus Proposals and Grants with begin and end dates.

  Positions extended under Stimulus Plan

  New construction or capital project analytics

  Track proposals by funds and their success rates

  Budget changes or Transfers

  Available Balances by Grant

  Unobligated Balances

  Budget - Encumbrance - Expense - Available Balance

  Spending/Burn Rate Statistics