Difference between revisions of "EGI-Engage:Financial reports"

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(FAQ - Financial Reports)
(FAQ - Financial Reports)
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The coordinator reviews all parts of the periodic report before submitting it to the Commission. If needed, the coordinator can send back a financial statement to a partner for further changes.
 
The coordinator reviews all parts of the periodic report before submitting it to the Commission. If needed, the coordinator can send back a financial statement to a partner for further changes.
 
In exceptional cases, the coordinator may submit the periodic report '''with a lacking financial statements from a partner''' (e.g. if a beneficiary cannot submit its individual financial statement on time). If this happens, the coordinator will be asked to confirm that (s)he is aware of this and that therefore the related costs of this partner will not be considered for the current interim payment. That beneficiary's costs will be considered 'zero' for the current reporting period, though they can declare their costs in the next financial report.
 
In exceptional cases, the coordinator may submit the periodic report '''with a lacking financial statements from a partner''' (e.g. if a beneficiary cannot submit its individual financial statement on time). If this happens, the coordinator will be asked to confirm that (s)he is aware of this and that therefore the related costs of this partner will not be considered for the current interim payment. That beneficiary's costs will be considered 'zero' for the current reporting period, though they can declare their costs in the next financial report.
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'''FAQ: Can the electronic financial statement forms ("forms C") be printed?'''
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Yes. In addition, users are able to download the forms with the e-receipt in pdf format.
  
 
'''FAQ: partners' financial forms and the explanation on the use of resources overviews'''
 
'''FAQ: partners' financial forms and the explanation on the use of resources overviews'''
 
For H2020, the summary of the use of resources is only available after the submission of the periodic report, as an attachment created by the IT system. The screen versions of both the summary of use of resources per beneficiary and the complete summary of use of resources  for all beneficiaries will be soon available in H2020 as it is in FP7.
 
For H2020, the summary of the use of resources is only available after the submission of the periodic report, as an attachment created by the IT system. The screen versions of both the summary of use of resources per beneficiary and the complete summary of use of resources  for all beneficiaries will be soon available in H2020 as it is in FP7.
 
Meantime this overview is available in Authore.
 
Meantime this overview is available in Authore.

Revision as of 10:17, 1 February 2016

EGI-Engage project: Main page WP1(NA1) WP3(JRA1) WP5(SA1) PMB Deliverables and Milestones Quality Plan Risk Plan Data Plan
Roles and
responsibilities
WP2(NA2) WP4(JRA2) WP6(SA2) AMB Software and services Metrics Project Office Procedures


EGI-Engage Project Office: Contact details Contracts, Minutes Reimbursing procedures Project reporting Advance Payments Financial reports Project Administration Archive



The Project Periodic Financial Reports are submitted after each reporting period along with the Periodic activity report. The Project Office is in charge of collecting and consolidating the data from the Lead Beneficiary, who is in turn responsible for gathering the data within their JRUs.


Contacts

Your contacts at the Project Office: Céline Bitoune

    • Email: celine.bitoune@egi.eu
    • Skype: celine.bitoune.egi
    • Address: Stichting European Grid Initiative (EGI), 140 Science Park, 1098 XG Amsterdam, The Netherlands
    • Telephone: +31 (0)20 893 2007


Project Periodic Financial Reports

1st Project Financial reporting: periods 1st March 2015 to 29 Feb 2016

  • Timeline for costs and efforts reporting is presented and approved in preparation of the first reporting period:
    • Project office to check of actual costs and efforts: between 20-25/03/16
    • AMB review: 30/03/16
    • PMB review: 4/04/16
    • Submission date to reviewers: 11/04/16
    • Online submission: M+60 days to be confirmed


FAQ - Financial Reports

FAQ: How does a third party report costs in my H2020 project? Beneficiaries and their linked third parties (listed in Article 14 of the Grant Agreement) must each complete their own financial statement as part of the periodic report. Information on reporting costs from other third parties, not listed in article 14, must be integrated in the financial statement of the beneficiary, and pop-up windows will open for providing additional explanations for the use of resour

FAQ: Who can edit the financial forms and the explanation on the use of resources in the periodic reporting? (Primary) Coordinator Contacts, Participant Contacts, Task Managers, Project Financial Signatories and Project Legal Signatories can edit all parts of their financial statements including the explanation on the use of resources.

FAQ: Forms C (electronic signature) Only one electronic signature per form C is possible in the system. The person executing this electronic signature must have collected the prior authorisations required by the internal rules of your organisation. The process for collecting and documenting these authorisations must be organised internally in your institution (e.g. via an internal paper process).

FAQ: Submission of Form C The coordinator reviews all parts of the periodic report before submitting it to the Commission. If needed, the coordinator can send back a financial statement to a partner for further changes. In exceptional cases, the coordinator may submit the periodic report with a lacking financial statements from a partner (e.g. if a beneficiary cannot submit its individual financial statement on time). If this happens, the coordinator will be asked to confirm that (s)he is aware of this and that therefore the related costs of this partner will not be considered for the current interim payment. That beneficiary's costs will be considered 'zero' for the current reporting period, though they can declare their costs in the next financial report.

FAQ: Can the electronic financial statement forms ("forms C") be printed? Yes. In addition, users are able to download the forms with the e-receipt in pdf format.

FAQ: partners' financial forms and the explanation on the use of resources overviews For H2020, the summary of the use of resources is only available after the submission of the periodic report, as an attachment created by the IT system. The screen versions of both the summary of use of resources per beneficiary and the complete summary of use of resources for all beneficiaries will be soon available in H2020 as it is in FP7. Meantime this overview is available in Authore.