How many grants/contracts/cooperative agreements are typically on the federal cash transaction report SF-272?

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The federal cash transaction report SF-272 is a form used primarily by federal agencies to report cash transactions related to grant programs. Typically, this report is designed to summarize the cash receipts and disbursements connected to funding received under a specific grant or cooperative agreement.

In most cases, only one grant or contract is reported on the SF-272 at a time. This practice helps to ensure accurate and clear tracking of funds associated with each individual grant or cooperative agreement, making it easier for both the agency managing the funds and the grantee to monitor financial activity.

Reporting multiple grants or contracts on the same SF-272 could lead to confusion and complications in the auditing process, as the financial activities would be intertwined. Therefore, the norm is to keep it to a single grant or agreement for clarity and accountability.

This structure is essential in maintaining effective financial oversight and ensuring that the funds are used according to the stipulations set forth in the individual agreements.

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