Project completion

Before project closure

As the end date of your grant approaches, you should be aware of the following:

  • Over- or underspending
    Assess whether the project should be extended.
  • Incorrectly recorded expenses
    Check if any expenses need to be reallocated to/from the project account.
  • Remaining funds
    If the project is not to be extended and there are remaining funds, these must be returned to the funder unless otherwise agreed.

Always contact your project controller if any of the above applies.

Final financial report

Your project controller will:

  • Prepare the final financial report
  • Send it to you and, if applicable, directly to the funder

⚠️ Always involve your project controller in the financial reporting process.

Closing the project

Once the project is completed and the final report has been approved:

  • The project will be closed in AU’s financial system
  • You will still be able to access closed projects in the PowerBI Financial report.