Tag Archives: award closeout

RGC Exemption Request Form and Process Changes

Exemption Request Form  As a reminder, all awards must be reconciled to the general ledger, and billing and financial reporting must be based on posted GL activity. Projections cannot be included in financial reports (FSRs) or invoices. We understand that there may be an initial need for a small number of exceptions. We have created an […]

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Award Closeout Announcement

Dear Principal Investigators, Chief Business Officers, research and finance team members, and award administrators, We are writing to remind you of  significant changes made to the close out process and related final invoicing and financial reporting requirements of sponsored awards. The changes affect all sponsored awards, Principal Investigators, award administrators, Chief Business Officers, research and […]

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Award Closeout Policy Update

On September 1, 2021, we launched four new/updated policies related to award close outs.  These polices were developed in collaboration with RAS leaders, CBOs, and ORA leaders. They were designed to ensure sponsored awards are closed out promptly in COMPASS. This will benefit our research community by streamlining the process of award close out.  These […]

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