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How to complete your financial statement

1. Changes in the state of the Partner/Linked Third Party (LTP)

During a reporting period, the state of the Partner/ Linked Third Party (LTP) can change via an Amendment as follows: 

  • the Partner/LTP receives funding and is not in Article 9 
  • the Partner/LTP participates as 'Not receiving EU Funding'
  • the Partner/LTP participates as 'Not receiving EU Funding' by requesting zero funding 

2. In the current period the Partner /LTP receives funding and is not in Article 9

In this case, the following scenarios are possible: 

The Partner/LTP has never changed its status

The accepted contribution of the Partner/LTP for the current period and the adjustments will be added in order to calculate the partner share amount at the payment of the balance.

The Partner/LTP changed its status during a previous reporting period

The Partner/LTP participated as 'not receiving EU Funding'/'not receiving EU Funding by requesting zero funding' and changed its status to 'receiving EU Funding'; the elapsed time of not receiving EU Funding doesn't cover the full previous reporting period. In this situation, the accepted contribution of the Partner/LTP for current period and adjustments will be added in order to calculate the partner share amount at the payment of the balance. 

The Partner/LTP changed its status during one or more contiguous previous periods

The Partner/LTP participated as 'not receiving EU Funding'/'not receiving EU Funding by requesting zero funding' and changed its status to 'receiving EU Funding'; the elapsed time of not receiving EU Funding fully covers one or more previous reporting periods. In this situation, the adjustment/s for the period when the Partner/LTP was fully 'not receiving EU Funding'/'not receiving EU Funding by requesting zero funding' is/are not allowed

The Partner/LTP changes its status during the current reporting period 

The Partner/LTP participated as 'not receiving EU Funding'/'not receiving EU Funding by requesting zero funding' and changed its status to 'receiving EU Funding'. In this case, the accepted contribution of the Partner/LTP for the current period and the adjustments for previous periods will NOT be added in order to calculate the partner share amount at the payment of the balance.

3. In the current period the Partner/LTP is in the status of not receiving EU Funding'/'not receiving EU Funding by requesting zero funding' 

In this case, the following scenarios are possible: 

The Partner/LTP has never changed its status

In this situation, there is no accepted contribution and no requested contribution

The Partner/LTP changed its status during a previous reporting period

The Partner/LTP participated as 'receiving EU Funding' and changed its status to 'not receiving EU Funding'/'not receiving EU Funding by requesting zero funding'; the elapsed time of receiving EU Funding covers partial or fully a reporting period or more. In this situation, cost claims can be entered via adjustments only for the full reporting periods or partial reporting periods when the Partner/LTP participated as 'receiving EU Funding'. The accepted contribution in the adjustments will be added to calculate the partner share amount at the payment of the balance. at the same time, the Partner/LTP cannot enter cost claims for the current reporting period.

The Partner/LTP changes its status during the current reporting period

The Partner/LTP participated as 'receiving EU Funding' and changed its status to 'not receiving EU Funding'/'not receiving EU Funding by requesting zero funding'. In this case, the accepted contribution of the Beneficiary/LTP for the current period and the adjustments will be added in order to calculate the partner share amount at the payment of the balance.

Note: several transactions from one state to another are allowed for each partner during the project life.