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Award Close Date and 21C changes

Summary:

The Close Date in Awards functionality changed in 21C, "Expenditures can be recorded and controlled until the award close date, if the close date is available. If you don't want to record expenditures after the award end date, then remove the close date".

Based on the available tutorial (see link below) it states that "Transactions after the award end date are recorded in the last budget period" what is specifically meant by recorded? In the GL or Project Cost? I will give an example

Award End Date: 06/30/22

Close Date: 9/30/22 (90 days after the close date

Our Defined Budget Periods:

Name Budget Period Start Date Budget Period End Date

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