The Grant Close-Out/Audit (GTCO) document allows for the auditing and closing of a Grant. This document allows the Grant Administrator or Project Manager to set up reminder dates for upcoming Audits and track audit information as well as actually closing the grant. The GTCO can be created via Copy Forward from the Grant Award or from the document Catalog.
The Grant Close-Out/Audit document updates the Grant Close-Out/Audit Status Folder (GTCOSF) table. If modifications are needed to the Grant Close-Out/Audit once the record has been added to the GTCOSF table you must create a Grant Close-Out/Audit Revision (GTCOR) document or update the record directly on the GTCOSF table, based on user authorization.
For more information on the GTCO document, GTCOR document and the GTCOSF table, refer to the "Grant Close-Out/Audit Status Folder" section in this user guide and page level help.
The Grant Close-Out/Audit (GTCO) document contains four sections. Only 2 of the sections (Header and Grant Close-Out/Audit) must be completed to successfully submit the GTCO document to Final.
The GTCO document contains the following sections: