1. Partner Financial Report
Stefan Nyström, Managing Authority
September 29th, 2016 – Akureyri, Iceland

2. List of Expenditure
First tab used for summarizing partners work packages etc. 2 nd tab list of expenditure

3. List of Expenditure
Each partner enters their expenditure for the reporting period under the relevant budget line.
In the first Partner Report, partners are expected to enter their expenses on a transaction level, i.e. one entry per expenditure.

4. List of Expenditure

5. Contribution and Forecast

7. Match Funding In-Kind (Public or Private)
Demonstrating an in-kind contribution as a certified cost will not generate ERDF or ERDF equivalent funding unless actual costs have been reported by the project partner. The cost will not show in the main ledger but the value of this in-kind contribution should be verified by the partners FLC.
For contribution other then In-Kind then only private external contribution needs to be verified by FLC:s (compare reported amounts in eMS compared to main ledger).
Beneficiary match funding
Calculated and not a transfer of cash.

8. Attachments

9. Attachments
 The following supporting documentation is expected to be submitted together with the Partner Report:
Transaction list in Excel or other spreadsheet, matching the list of expenditure
Signature Template - signed by legal representative for the partner organisation and scanned.

10. Attachments Click on the + Upload button to add new attachments.
 Please do not upload attachments bigger than 2 MB!

11. How to submit Save report Check saved report
Your partner contributions must match exactly the targeted value!
Look in the contribution tab and note the target amount. Nothing else than that amount could be entered.

12. How to submit Next step Submit
When the report has been submitted it becomes visible for that partners FLC.

13. FLC
Every project partner has a First Level Controller (that is approved by the National Controllers in countries with de-decentralized systems).
FLC’s should register themselves in eMS.
MA gives FLC’s user rights and connect them to the correct projects

14. Centralized vs De-centralized System
Sweden Centralized
Iceland Centralized
Ireland Centralized
Northern Ireland Centralized
Scotland Decentralized
Faroe Islands Decentralized
Greenland Decentralized
Norway Decentralized
Finland Decentralized

15. First Level Control (FLC)-What do they do?
The FLC checks that the project costs are following the EU- and NPA eligibility rules and National rules
Should also check if Private external contribution is correctly declared in eMS
If necessary, a request for additional documentation
FLC
Checking project expenditure in accordance with the Eligibility rules
On the Spot visits
Reporting Irregularities
FLC Certificate & Report/ FLC checklist

16. Finalizing FLC work
Pdf version of FLC control checklist (upload in the attachment section)
Issue Certificate/Report and Checklist within two months

17. Thank you for listening
Managing Authority
Programme Director:
Annika Blomster
Programme Controller:
Linda Wormö
Stefan Nyström