All financial reports are prepared based on the expenses that have been posted in PeopleSoft to the sponsored award.
Reporting requirements vary by award. PIs, and departmental grant support should review each award to determine ALL reporting requirements.
|Progress & Technical Reports||Fiscal (Financial) Reports||Equipment, Property (including Intellectual) Reports & Relinquishing Statements|
In most cases, the Post Award Accountant (PAA) will prepare financial reports without direct involvement from the department. Departments should not submit financial reports unless requested to do so by Grants and Funds Management (GFM).
If a report requires a level of detail or backup documentation that the PAA does not have access to, GFM will request assistance from the department in completing the report.
If the sponsor notifies the department and/or PI that a financial report is due, please notify your PAA immediately. Delinquent reports may cause a sponsor to:
- postpone action on further awards, continuations or extensions until all reports are received
- withhold payment of invoices
- suspend the award
- request return of awarded funds
- deny future funding
The Grant Dashboard is a web-based report in the Finance Intranet that provides PIs and grant support staff with official sponsored project balances, as well as links to underlying transaction details.
The submission of any financial reports to a sponsor should be completed by your GFM PAA to ensure the financial information provided reported aligns with the University general ledger.