Federal Financial Report

The Federal Financial Report (FFR) is a statement of expenditures prepared by the Office of Grants and Contracts Administration. These reports must be submitted to the sponsor to verify the eligibility of the award. This report specifies the level of detail required for the report. It also includes advance/scheduled payments and unliquidated obligations. You must be aware of the deadlines and requirements for preparing the FFR. The following information is provided to help you prepare the FFR:

Cost-sharing contributions are contributions from non-federal sources. The amount of cost-sharing must be documented before submitting the FFR. The FFR must also detail any unobligated balance. Once all commitments have been met, the unobligated balance remains. The regulations of the sponsor specify how these funds should be used. You may have to provide a separate report for each project and sponsor. You should follow the format requirements of your sponsor. You can download the form from the sponsor’s website.

The FFR must also include cost-sharing contributions from non-federal sources. The FFR must report both committed and mandatory cost-sharing. The unobligated balance is the remaining balance after all obligations have been fulfilled. Once all obligations are reported, the unobligated balance remains. The regulations of the sponsor should state how these funds are to be used. You should also consult your state treasurer and accountant for help with the FFR.

The FFR process can be run for one or multiple awards. In Manage Project Costs, you can search for costs for a specific sponsor, accounting period, contract, and end date. You will also have the ability to search for costs that are related to a certain project. If you are not familiar with managing cost, you can download a free copy of Acrobat Reader to complete the form. This program will make the process easier for both you and the Federal Government.

A Federal Financial Report (FFR) is a required statement of expenditures made by grant recipients. It is a vital document for determining how well a program is performing. By identifying these expenses, you will be able to track the success of your program. The FFR is an essential part of the grant-awarding process and must be submitted on time. The FFR will be sent to the sponsor if the organization has spent the funds in a timely manner.

The Federal Financial Report (FFR) process is run for a single award or multiple awards. The process can be run for one award or multiple awards. The FFR form has a number of options. Under Manage Project Costs, you can search for and manage costs that are related to a sponsor, accounting period, contract, or end date. You can even compare the two and compare the results. The FFR process will require a financial manager to submit the FFR for multiple award types.

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