Contracts and Grants Accounting


Contracts and Grants Accounting home Award Setup Managing Award Finances Award Closeout Deficit Clearing Process Effort Reporting Training

Minimum requirements due to CGA no later than the GL close of the 2nd month after the Award's expiration date:

  • Completed Closeout Certification form
  • BAIRS report demonstrating all costs are recorded in the Ledger
  • Supervisor’s approval

1. Run a BAIRS Report (GL_Customer_Rpt_Fund_9col) that demonstrates all award expenses have been recorded in the General Ledger.

  • Check all actual expenses are complete, accurate and allowable. Ensure costs from subawardees, other Dept IDs, and recharge units are all recorded in the Ledger.
  • If anticipated non-payroll expenses are NOT recorded in the Ledger, process a self-reversing accrual journal (see Processing Accruals at Award Closeout (PDF)).
  • If requested payroll cost transfers/corrections are NOT correctly recorded in the Ledger, create a self-reversing Journal Transfer to reflect these costs in the closeout GL (see Payroll Transfers at Award Closeout (PDF)).

2. Open and complete a Closeout Certification form (available in the BFS RA Grants WorkCenter).

  • Instructions for completing each field are Section of Closeout Formavailable online with the form.
    • If you are certifying an award with Approved Carry Forward or an NIH Training Grant, be sure to complete the section on the right side of the form.
    • Click “Save” at the bottom of the form to save work in progress and return later
  • Closeout workflow requires the preparer’s Supervisor (listed on the form) approve the Certification to submit it to CGA.
  • If the Ledger you’ll use to certify the closeout includes accruals and/or payroll transfers, be sure to check the box on the form indicating this.
    • For payroll transfers, also note the date the original UPAY request was submitted in the field below the check boxes.

3. Attach the BAIRS Report and other supporting documentation to the form.

  • Provide documentation to support each accrual (e.g., PO, unprocessed invoice, request to update recharge chartstring, etc.) and each payroll transfer journal (UPAY form).
  • Attach a Cost Sharing Contribution Report with supporting documentation if required (Cost Share Contribution Report (PDF)).
  • If you are certifying Carry Forward for an NIH Training Grant you must also submit an Unliquidated Obligations form: use the form template available on the “Attachments” tab of the Certification form (click the “Open” link to download the template and follow the instructions).

4. Click “Submit” to initiate the Approval workflow (note, all required form fields must be completed and the form saved for the Submit button to display at the top of the form).

  • An email alerts the Supervisor (listed on the form) that approval is requested.
    • Closeout Certification is not part of the standard BFS Approvers’ workflow. A link in the email takes the Approver directly to the form (also available via the Review/Approve Form link in the BFS RA Grants WorkCenter).
    • The Supervisor/Approver must have a BFS security role of “Grants Research Administrator” to view the form.
  • The Supervisor should review the form, attached Ledger, etc. and if corrections are necessary, click “Deny” to notify the Preparer (form status changes to “Denied”).

5. The Supervisor clicks “Approve” to submit the Certification to CGA.

  • Form status changes to “Approved” indicating it has been sent to CGA.

The supervisor-approved Closeout Certification form and all supporting documentation are due to CGA no later than the GL close of the 2nd month after the Award's expiration date.