Get the free Cost Sharing Match Report Form rev 1-14-10 .doc - wssu

COSTARRING/MATCH REPORT FORM WINSTON SALEM STATE UNIVERSITY Reports of cost sharing/match must be submitted to Contracts and Grants Accounting in accordance with the Cost Sharing/Match Policy. PI

How to fill out cost sharing match report

How to fill out cost sharing match report

1. To fill out a cost sharing match report, follow these steps:
2. Gather all the necessary financial documentation related to the cost sharing expenses.
3. Identify the specific project or program for which the cost sharing match report is being prepared.
4. Determine the time period for which the report will cover.
5. Calculate the total cost sharing amount incurred during the specified time period.
6. Break down the cost sharing expenses into different categories, such as personnel, equipment, supplies, and other direct costs.
7. Allocate the cost sharing amount to each category based on actual expenditures or a predetermined allocation method.
8. Clearly document each category and the corresponding cost sharing amount in the report.
9. Provide supporting evidence or receipts for each cost sharing expense, if applicable.
10. Summarize the cost sharing information, including the total cost sharing amount and a breakdown by category.
11. Review the completed report for accuracy and completeness.
12. Submit the cost sharing match report to the relevant authority or organization as required.

Who needs cost sharing match report?

1. Cost sharing match reports are typically needed by organizations or projects that receive funding from external sources.
2. Government agencies, non-profit organizations, research institutions, and community development programs often require cost sharing match reports.
3. These reports are necessary to demonstrate the organization's commitment to sharing the financial burden of a project or program with the funding source.
4. They help ensure accountability and transparency in the use of funds and provide an overview of the resources contributed by the organization.
5. Stakeholders, funders, grantors, and regulatory bodies may also request cost sharing match reports to assess the financial sustainability and effectiveness of the project or program.

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What is cost sharing match report?

Cost sharing match report is a document that details the matching funds provided by a third party to support a particular project or program.

Who is required to file cost sharing match report?

Any organization or individual who receives funding that requires a cost sharing match is required to file the cost sharing match report.

How to fill out cost sharing match report?

Cost sharing match report can be filled out by providing information on the source of the matching funds, the amount of the match, and how the match was used to support the project or program.

What is the purpose of cost sharing match report?

The purpose of the cost sharing match report is to demonstrate that the matching funds required for a project or program have been provided as outlined in the funding agreement.

What information must be reported on cost sharing match report?

The cost sharing match report must include details of the matching funds provided, the source of the funds, how the funds were used, and any other relevant information specified in the funding agreement.