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What type of financial reporting requirements are there and how/when does a sub-grantee receive reimbursement?

April 26, 2017financial Reimbursement requirements sub-grantee type

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What type of financial reporting requirements are there and how/when does a sub-grantee receive reimbursement?

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All sub-grantees submit quarterly financial reports (QFRs) detailing expenditures by line item. These QFRs are due the 30th day of each month following calendar quarter end. Reimbursement will be received in most cases within 30 days of the reporting deadline.