How do I submit a final FFR?
How do I submit a final FFR?
To submit an FFR report, it must first be saved. After completing the form, select the Save button on the FFR form to save the entered data. Once the Save button has been selected, the Submit button will appear at the top of the screen. Select the Submit button.
What is a SF 425 report?
Used by recipients to submit reports on their grant’s financial progress.
What is the purpose of the SF 425?
The SF-425 initiative ensures all financial data is reported consistently through one source; shares reconciled financial data to the HHS grants management systems; assists with the timely financial monitoring and grant closeout; and reduces expired award payments.
How do I submit FFR to PMS?
After logging in to the Payment Management System with a PMS User ID and password:
- Select the PMS menu heading entitled: “Disbursement”
- Select the sub-heading entitled: “FFR Cash Transaction Report”
- Enter your PMS Account Number.
- Select the Reporting Period “All”
- Select the Continue button.
What is federal grant reporting?
Federal grant recipients are required to report financial information pursuant to the conditions contained in the grant agreement executed at the time of the grant award. This information includes financial information, such as expenditures, about the project or services funded by the federal grant award.
What is FFR in federal grants?
The Federal Financial Report (FFR) is a form that federal grant recipients are required to fill out and submit to their grant-awarding agency. The Consolidated FFR will allow grant recipients to submit all information related to the FFR in one system, rather than in multiple entry points.
What are federal financial reports?
A Federal Financial Report (FFR) is a statement of expenditures associated with a grant. Recipients of federal funds are required to report the status of funds for grants or assistance agreements to the sponsor of the grant using the Federal Financial Report expenditure data.
What does total program outlays to date mean?
11a – TOTAL PROGRAM OUTLAYS TO DATE: The date will be the ending date of the period in which you have incurred expenses (outlays). This does NOT include the advance period. The dollar amount is the total expenses incurred through that date.
What is sf270?
Used by recipients to request advances or reimbursement on all non-construction programs when the advance payment or reimbursement methods are used. SF‑270 (fill and sign): Request for Advance or Reimbursement (pdf)
What is the SF425?
The SF425 is a cumulative report which captures the financial status of an agreement at a specific point in time.
When do I need to submit the sf-425 federal financial report (FFR)?
Starting January 1, 2021, recipients are required to submit the SF-425 Federal Financial Report (FFR) to the Payment Management System (PMS) accessed through the FFR navigation link in eRA Commons (see Figures 1 and 2). The schedule for submitting FFR is generally specified in the award documents of a grant or contract.
What is an unliquidated obligation in the FFR?
For recipients reporting on an accrual basis, unliquidated obligations represent incurred costs, but an expenditure has not yet been recorded. The budget period for my FFR ended April 30, and the FFR due date is July 30; do I report all funds expended to date or only up to and including the budget period end date?
What is the purpose of the sf-425 guidance?
Guidance on Federal Financial Report, SF-425 Purpose. The purpose of this notice is to provide guidance to award recipients of TA (technical assistance) Program funds on the reporting requirements for the Federal Financial Report (FFR), also known as Standard Form (SF) form 425. This guidance replaces previously issued guidance.
What does FFR stand for?
Information on submitting the Federal Financial Report (FFR), one of three reports to closeout a grant, via the eRA Commons. Recipients of federal funds are required to report the status of funds for grants or assistance agreements via the Federal Financial Report (FFR) expenditure data.
