Changes to the Federal Financial Report (FFR) Beginning April 1, 2022 Reduce Recipient Reporting Burden

Posted

Effective April 1, 2022, NIH and AHRQ grant recipients will no longer complete the cash transaction section (lines 10a through 10c) of the SF-425 Federal Financial Report (FFR) in the HHS Payment Management System (PMS). Instead, PMS will pre-populate the cash transaction section (lines 10a through 10c) of the FFR using recipient real-time cash expenses information from PMS, and adjust recipient-reported disbursements to equal cash advance drawdowns on all non-closed sub-accounts (PMS type P).

This change simplifies the FFR reconciliation process, reduces recipient reporting burden, and supports efficient grants closeout.

For more details and contacts for questions, see the full Guide Notice.

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