Cost Center closeouts are required to ensure that all financial expenses have been made in accordance with the sponsor's regulations, and to ensure that all sponsor requirements have been met.

Closeout Review Checklist

Closeout Checklist

No Cost Extension Requests

Transaction List Review

Payroll Expense/Encumbrance Review

Monthly Closure Notification to Staff

OCG Guide Closeout Procedures

Grant Budget Review Instructions (bottom of site)  Form

See the Advice to Departmental Staff for Successful Project Closeouts found on the Research Financial Services Reporting Forms site.

90 Day Review

Setup and utilize Cost Share Templates such as this one to keep track of cost sharing expenditures.  Ensure that the cost share listed on department records matches that which was reported by the PI to OCG in Quarterly Effort Reporting.

30 Day Review

For Assistance:

In addition, you may utilize the NSM Research Team.