Final Financial Report

The Financial Report shall provide a clear identification of all costs actually incurred, legal commitments made, as well as of the contributions and revenue of the Action. The Financial Report is composed of different documents, namely:

  • the Financial Statement annexed to the Single Form, providing a breakdown by nature of expenditure consistent with the budget of the Action;
  • If applicable, an overview of any funds unduly paid or incorrectly used which the partner could or could not recover itself;
  • the link to the webpage where information on contractors and implementing partners is available;
  • to the extent possible, the costs of funding Budget Implementation Tasks;

Furthermore, when the Action is fully funded by the EU, are to be annexed to the Final Report also information on:

  • Remaining goods and equipment and their final destination namely, transfer or donation
  • Low value equipment allowance
  • Pending payments corresponding to incurred costs, that have not been already paid, shall be listed in the Final Report together with the estimated date of payment.

References & useful links