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Request for Receipts to Receive Advances | |
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By
Anonymous
on Monday, November 13, 2000 - 03:19 pm:
The OMB Circulars for grant administration do not require recipients to provide receipts with their requests for advance or reimbursement. However, I have spoken to some Grant Specialists that require such receipts from their recipients. One Grant Specialist in particular, told me that she requires receipts before the approval of any payment. Is this a good practice? By Carol Elliott on Thursday, November 16, 2000 - 10:48 am: Standard practice is to allow a grantee to request funds in
advance of incurring expenses. In that case the grantee will not
have receipts, since the cost hasn't been incurred. Of course,
the amount of the advance is limited to only those costs
expected to be incurred in the near future. |