What Happens When I Backout a Pay Request?

All pay requests displayed on the Expenditure Allocation Backout (GM21.1) are in a released (1) status. When a backout is initiated for the contract, all released pay requests for that contract will be changed to cancelled (4) status. All activity transactions associated to the pay request will be updated to an unbilled status (the Billed flag is set to N). The Contract, Grant and Non-Grant requested, remaining and funding amounts are also adjusted.