What is SF-425 federal financial report?

What is SF-425 federal financial report?

Used by recipients to submit reports on their grant’s financial progress.

How do I submit an FFR report?

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 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.

What is federal financial report?

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 is UEI number?

Unique Entity Identifier
The Unique Entity Identifier, or the UEI, is the official name of the “new, non-proprietary identifier” that will replace the D-U-N-S® number, according to the General Services Administration (GSA). The UEI will be requested in, and assigned by, the System for Award Management (SAM.gov).

What is FFR for 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.

How do I submit FFR to PMS?

After logging in to the Payment Management System with a PMS User ID and password:

1. Select the PMS menu heading entitled: “Disbursement”
2. Select the sub-heading entitled: “FFR Cash Transaction Report”
3. Enter your PMS Account Number.
4. Select the Reporting Period “All”
5. Select the Continue button.

What FFR reporting?

Whats is SF425?

The SF425 is a cumulative report which captures the financial status of an agreement at a specific point in time.

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). The dollar amount is the total expenses incurred through that date. **If requesting an advance, the advance amount will be listed on 11d.

What is a financial report example?

Examples of Financial Reporting External financial statements (income statement, statement of comprehensive income, balance sheet, statement of cash flows, and statement of stockholders’ equity) Quarterly and annual reports to stockholders. Financial information posted on a corporation’s website.

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 is 425 reporting?

A Form SF 425 is a Federal Financial Report, also labeled the FFR , issued by the OMB – Office of Management and Budget. Those who receive federal funds are obligated to file this form to report on the status of grant funds or agreements of assistance.

What is a 425 report?

A Federal Financial Report ( FFR ), the SF 425 Form, serves as a statement of expenditures associated with federal grants.