Purpose : This procedure demonstrates how a user finalizes the grant transfer. A user first initiates the grant transfer and prints a grant award notification (GAN) both for the original award and the new award. After both GANs have been printed, the grant transfer can be finalized. Users must have a license stating the dollar amount and subprograms within which the user is allowed to obligate in order to finalize the grant transfers. Although, a grant transfer does not involve an actual obligation within the financial system (the transfer is, in fact, moving an obligated amount from the original grantee to the new grantee rather than creating a new obligation). Even though the transactions generated for a grant transfer are not actual obligations, the Department has determined that the same obligation rules apply for finalizing the grant transfer. G5 prevents the same user from transferring funds for an award under the same program within the same fiscal year of those which the user committed. Users are also restricted based on their licenses by what amounts they are allowed to obligate (or finalize, in the case of grant transfers).
G5 Role : G5 Program Office Obligate Team, G5 Functional Obligate Team
Navigation Path : Grant Maintenance > Administrative Actions > Grant Transfers > Request Finalization
Prerequisites : The prerequisites for this topic are:
1. An award exists in G5 with the status of "Obligated" for the current budget period.
2. A grant transfer has been submitted.
3. The original and new GANs have been printed.