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Basic SAP Navigation Participant GuideSoftware and Hardware Requirements for Accessing the ERP (SAP) Portal1Software & Hardware Requirements Windows Operating System PC or MAC (Dual Platform running

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What is basic sap?

Basic SAP stands for Single Audit Package. It is a collection of financial statements and reports submitted by organizations that receive federal funding and are subject to the Single Audit Act.

Who is required to file basic sap?

Organizations that receive federal funding and meet certain threshold requirements are required to file Basic SAP. These organizations include state and local governments, non-profit organizations, institutions of higher education, and Indian tribal governments.

How to fill out basic sap?

Basic SAP can be filled out by gathering the necessary financial statements, schedules, and reports as required by the Single Audit Act. The specific instructions for filling out Basic SAP can be found in the Single Audit Compliance Supplement.

What is the purpose of basic sap?

The purpose of Basic SAP is to ensure accountability and transparency in the use of federal funds. It allows federal agencies and the public to assess how organizations have used and managed federal funds.

What information must be reported on basic sap?

Basic SAP requires organizations to report financial statements, schedule of expenditures of federal awards, and additional information as required by the Single Audit Act. This includes information on federal awards received, program objectives, compliance with laws and regulations, and internal controls.

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