Issue: FY21 Spend commitment correction impacting grant balances

Known Issue: We are working to post a correction to FY21 that will offset the correction journal in FY22. No action is needed by departments.

Estimated Time to Resolution: Friday, February 25, 2022

Details: Previously, we made corrections in FY22 on the commitment and obligation ledgers that cleared up imbalances caused by missed timing on the end of year processing. While the journal made the balances correct for FY22, it did not correct balances when viewed by worktag life to date. This causes an issue with grant life to date commitment and obligation reporting, which can be found when generating report “CR GRA SPS Award Budget to Actuals Summary.” The original correction notices can be referenced at Commitments Resolved and Obligations Resolved.