Reminder: Grant Closeout
Posted February 19, 2020
Disciplines: All
Reminder: Grant Closeout
Remember that as of the date your grant ends you cannot have new expenditures. Generally, there are then 60 days for existing expenses to clear through systems. As your grant nears its end, make sure you review your budget and expenditures to ensure late expenses will clear within the 60 days and are allowable. Some expenses late in a grant period are not allowable. Talk to your grant accountant.