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End Date Cut Off

 

Grant Accounts will be set up in the computer system (SAP) with an additional 30 days added to the grant end date. In Grants Management (GM), you will see this grace period in the Budget and Posting tabs of the Grant Master Data screen. This date extension will allow for postings to flow through to the grant account without interruption until that day has been reached. This end date extension is necessary to allow for postings that are processed monthly (i.e. credit card charges, telephone). After the 30 day grace period has expired, SAP will automatically disallow any further postings.