Information for beneficiaries
Joint Technical Secretariat would like to remind you that according to the Grant Contract - in particular General Conditions (Articles 14 and 16) - Project Beneficiary/Partner is obliged to record separately all operations connected with the Project in a way to make them easily identified and traced to and within the Beneficiary's accounting and bookkeeping systems.
Accounts must provide (among the others) details of project expenditure, costs and revenues. This can be done by using separate accounts for the Action concerned or by ensuring (e.g. analytically) that expenditure for the action concerned can be easily identified to the Project. We would like to remind that this system shall be run in accordance with the accounting and bookkeeping policies and rules that apply in your institution/country.