Budget 101
Expenses you have planned for a fiscal year.
Budget
Amount of award that goes to UnidosUS in indirect costs
12.5%
Name for the award Affiliates receive to implement a program.
Subgrant
The unexpended balance at the end of a prior fiscal year that has been rolled forward to the next fiscal year.
Carryforward
Expense results for the fiscal year; usually reported year-to-date or last month.
Actuals
Designated amount of funding to an expenditure line.
Budget allocation
Costs that are identified directly with an activity, function, deliverable or product.
Direct costs
Supplementary wage, nonwage payments or benefits you receive from your employer.
Fringe Benefits
Costs that are not identified with a specific project or organizational activity.
Indirect Costs
Recordkeeping system used to sort, store, and summarize a company's financial transactions.
General ledger