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Is it necessary to submit a quarterly financial report listing zero expenditures if none were incurred during the preceding quarter?

April 26, 2017expenditures financial report incurred listing necessary preceding quarterly submit Zero

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Is it necessary to submit a quarterly financial report listing zero expenditures if none were incurred during the preceding quarter?

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Yes, even if no expenditures were incurred on a grant, a zero dollar ($0.00) amount should be entered on the quarterly report template and submitted to STScI. The submission of this report satisfies the quarterly financial reporting requirement for the grant.