Financial Status Report/Federal Financial Report
What is the purpose?
Recipients of federal funds are required to report the status of funds for grants or assistance agreements via the Federal Financial Report (FFR) expenditure data. The FSR/FFR module allows grantees to electronically submit a statement of expenditures associated with their grant to the sponsor of the grant via eRA Commons. The schedule for submitting these FSRs is generally specified in the award documents of a grant or contract.
Effective Feb. 1, 2011, expenditure data for grant awards will be reported to the NIH via the Federal Financial Report (FFR) instead of the Financial Status Report (FSR) [See NIH Guide Notice NOT-OD-11-017].
What are the features of FSR/FFR?
- The FSR/FFR Search Screen in eRA Commons allows users with a unique FSR role to search by grant number, due date range, latest FSR/FFR status, etc. The query will bring up a 'hitlist' of applications sorted by Institution, latest FSR/FFR status and grant number
- The FSR/FFR will not show up in eRA Commons unless it is due
- The FSR/FFR expenditure data form will pre-populate with information from the eRA system
- The FSR/FFR user can submit a new FFR or revised FSR/FFR
What are the benefits of the FSR/FFR module?
- Facilitates compliance with grants regulations governing financial reporting
- Provides accurate status of all grantee FSR/FFRs
- Offers convenient online reporting capabilities
Who can use the FSR/FFR module?
eRA Commons users who have an FSR role can access the module via Commons. Users will not see the FSR/FFR tab unless they have been assigned this role. A Signing Official or Account Administrator can create an FSR account in the Commons to submit FSR/FFRs on behalf of the institution. An account that only has the FSR role will be limited to performing FSR/FFR tasks. An account can include multiple roles, including that of FSR.
