Finding Text
Finding 2024-002 Repeat of 2023-002: Timely Remittance of Payment
Federal Programs: ALN 93.575, 93.596, 93.558, 93.104
Criteria: The Organization is required to make payments to vendors within 30 days of receipt of invoice, and approval of goods and services as required by the grant agreement with Florida’s Division of Early Learning (DEL).
Condition: Certain payments from the Organization related to federal funding during the year were in excess of the 30 day requirement.
Cause: The Organization experienced turnover in the accounting department during the year, and there was a misunderstanding regarding the payment requirements per the grant guidance.
Effect: Past due payments result in noncompliance with grant and provider agreements.
Recommendation: We recommend that the Organization take proactive measures to monitor and ensure that all invoices will be paid in a timely manner.