GMAS Transaction Monitoring Module: Clearing Late Charges

As part of Transaction Monitoring, GMAS automatically flags transactions posted outside of the award period, which include pre-award spending and charges after the award end date. For transactions after the award period, GMAS will automatically flag expenditures as they post to the GL however when an award is pending a no-cost extension or additional funding, users can manage costs outside of the period. This will acknowledge that expenses to this account were incurred after the account end date, but there is a pending increment of funding that is not set up in GMAS yet. Refer to the GMAS Blog for more information.