Section NR 58.12 - Grantee accountability(1) RECORDS MANAGEMENT. The grantee shall maintain an accounting system that accurately reflects all fiscal transactions, incorporates appropriate controls and safeguards, and provides clear references, particularly to source or original documents. Records shall meet the following minimum requirements:(a) Project accounts shall separate grant receipts and eligible expenditures from those allocable to other programs and activities.(b) Receipts and expenditures shall be listed and identified in sufficient detail to reflect their source and purpose. Proof of payment, such as canceled checks or receipts from vendors, shall be maintained.(c) Records that reflect actual project hours worked by day by each individual as well as gross wages paid shall be maintained. Records shall also include work performed by day.(2) RECORDS RETENTION AND AUDITING. The grantee shall retain all records pertaining to the project and make them available to the department on request until the department issues final payment.Wis. Admin. Code Department of Natural Resources NR 58.12
Cr. Register, September, 1994, No. 465, eff. 10-1-94.