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This form is used to report federal cash transactions, including cash on hand, receipts, disbursements, and related financial information for grants and assistance agreements.
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How to fill out standard form 272
How to fill out Standard Form 272
01
Obtain a copy of Standard Form 272 (SF-272).
02
Complete the identification section with your organization’s name, address, and the report period.
03
Fill out the federal program information, including program title and CFDA number.
04
Enter the expenditures for the reporting period in the appropriate fields.
05
Calculate the total expenditures and enter the amount in the designated section.
06
Complete the certifications and submit the form as instructed.
Who needs Standard Form 272?
01
Organizations receiving federal funds for grants or contracts.
02
State and local governments that manage federal programs.
03
Non-profit organizations that need to report on federal funds usage.
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What is Standard Form 272?
Standard Form 272 (SF-272) is a form used by federal agencies to report the financial status of funds received from the federal government for specific projects or programs. It provides a summary of the expenditures and balances of funds.
Who is required to file Standard Form 272?
Federal agencies and other organizations that have received federal assistance and need to report the financial status of those funds are required to file Standard Form 272.
How to fill out Standard Form 272?
To fill out Standard Form 272, the filer needs to enter information about the project, details of the expenditures, funding sources, and the status of the funds. The form should be completed accurately and submitted by the required deadline, following the specific guidelines provided by the funding agency.
What is the purpose of Standard Form 272?
The purpose of Standard Form 272 is to provide a clear and standardized way for organizations to report financial information related to federally funded projects. It helps ensure accountability and transparency in the use of federal funds.
What information must be reported on Standard Form 272?
The information reported on Standard Form 272 includes the project title, grant number, funding agency, expenditures, unliquidated obligations, and the remaining balance of funds, along with any other relevant financial details as required by the agency.
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