Funding payment and reporting

Payment methods vary depending on the type of funding: payment either occurs automatically each quarter, or is made on the basis of separate payment requests when the costs in question are incurred.

Operating funding (Ay and Ak) is mainly paid in four equal instalments without the need for payment requests. Investment (B) and project (C) funding is paid on the basis of separate payment requests as the costs are incurred. Payment requests are made using RAY’s payment forms.

These webpages provide basic information about the payment and reporting processes. More detailed information can be found in RAY’s payment guidelines, and in the reporting and recording guidelines.

  • Instructions

    Guides and instructions relating to funding payments can be found in thei Resource Bank (in Finnish)

  • Forms

    The forms needed for payments can be found in the Resource Bank (in Finnish)

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