Get the free Cost Share Close Out form instructions: - New Mexico State University - hr nmsu

Cost Share Close Out form instructions: SECTION 1: Enter information for the person that will be able to answer questions. Enter the Requestor's Name, Title, Department, e-mail address, Phone number,

How to fill out cost share close out

How to fill out cost share close out:

1. Gather all necessary documentation related to the cost share project, such as invoices, receipts, and proof of expenses.
2. Verify that the expenses incurred are eligible for cost sharing according to the guidelines and regulations of the funding organization.
3. Calculate the total cost share amount based on the agreed-upon percentage or dollar amount.
4. Complete the cost share close out form provided by the funding organization. This typically includes information about the project, the total expenses, and the source of funds for the cost share.
5. Attach all supporting documents to the close out form to validate the expenses.
6. Review the completed form and supporting documents to ensure accuracy and compliance with the funding organization's requirements.
7. Submit the cost share close out form and supporting documents to the appropriate contact or department within the funding organization before the designated deadline.

Who needs cost share close out:

1. Organizations or institutions that have received funding that requires cost sharing.
2. Researchers or project managers responsible for overseeing cost share projects.
3. Grant administrators or financial officers responsible for maintaining accurate records of cost share expenses and compliance with funding agreements.

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What is cost share close out?

Cost share close out is the process of reconciling and documenting the contribution of costs share funds towards a project or program.

Who is required to file cost share close out?

Any organization or individual who has received cost share funds for a project or program is required to file cost share close out.

How to fill out cost share close out?

Cost share close out can be filled out by providing detailed documentation of the expenses incurred and the contributions made towards the project or program.

What is the purpose of cost share close out?

The purpose of cost share close out is to ensure that the funds contributed towards a project or program have been accurately accounted for and utilized as intended.

What information must be reported on cost share close out?

Information that must be reported on cost share close out includes details of expenses, contributions, and any other relevant financial information related to the project or program.