Federal financial report FFR or SF-425

When you select external grant as the funding type, two additional tabs are available for project funding:

  • The Grant Reporting tab contains fields that are used for both SEFA and FFR
  • The Federal Financial Reports tab contains a list of reports.

Use this procedure to run Federal Financial Reports that are in draft status.

  1. For Project Accountant, select Project Funding List. Select the Project Funding Sources By Structure tab.
    For Project Administrator, select Project Funding List.
  2. Open a project funding source structure and select the Hierarchy tab.
  3. Open a posting funding source where the Type field is External Grant.
  4. Select Actions > Generate Reporting Settings.
  5. Specify this information:
    Report Description
    Provide a description of the reporting settings.
    Report Type
    Select the frequency of the report run.
    Basis
    Select whether the grant reporting basis is Cash or Accrual.
    Reporting Thru Date
    Select the ending date for the report.
    Use IDM
    Select this check box to use an IDM format for the report.
    Grant Federal Reporting Format
    Specify the Federal Financial Report to use. When you run the Generate Reporting Settings action for the first time, you must create a format. To view sample reports, select Project Document Sample Templates.

    See the Financials Setup and Administration Guide for sample document template instructions.

  6. Click Submit.
  7. Select the Federal Financial Reports tab and click View Report to view the draft report. A report is created for each project contract that is associated with the project funding.
  8. When the report is ready to be completed and saved, select the report or reports and select Actions > Save Federal Financial Report. The report status is updated to the Submitted status. Reports in Submitted status cannot be deleted.