Update to Ledger 5 Close-out Process

Please note an upcoming change to how Ledger 5 project close-outs are managed. Historically, OPAFS (Office of Post Award Financial Services) utilized an “1891” Journal (or clean-up mechanism) to absorb small salary and fringe overruns using a non-departmental project ID. Upon review, OPAFS has determined that all project overages should be handled uniformly.

Going forward, OPAFS will continue to assist departments by processing these small-dollar salary and fringe journals; however, departments will now be required to provide their own identified project ID to cover the overruns. We appreciate your partnership in implementing this standard procedure.