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A87 Cost Plan Document No. Effective Date July 2010 Revision Date Procedure Revision No. Page No. Approval: 1. Purpose To inform county departments of the Cost Plan guidelines and timelines for submitting
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How to fill out a-87 cost plan jul

How to fill out a-87 cost plan jul:
01
Collect all relevant financial data and documentation required for the cost plan. This may include budget estimates, invoices, and payroll records.
02
Review the guidelines and instructions provided by the funding agency or governing body to understand the specific requirements for completing the a-87 cost plan jul.
03
Identify the cost categories that need to be included in the cost plan, such as personnel costs, fringe benefits, travel expenses, equipment costs, and indirect costs.
04
Allocate the appropriate costs to each cost category based on the organization's actual expenses and budget projections. Ensure that costs are accurately and consistently categorized.
05
Calculate the indirect costs by applying the applicable indirect cost rate to the appropriate direct costs. Make sure to use the approved indirect cost rate provided by the funding agency.
06
Complete all necessary forms and templates provided by the funding agency, ensuring that all required information is accurately entered.
07
Review the completed cost plan for any errors or inconsistencies. Make any necessary revisions or corrections.
08
Obtain any required approvals or signatures before submitting the a-87 cost plan jul to the funding agency or governing body.
Who needs a-87 cost plan jul:
01
Non-profit organizations that receive federal funding and are required to adhere to the regulations outlined in OMB Circular A-87.
02
State and local government entities that receive federal grants or assistance and are subject to compliance with the A-87 cost principles.
03
Any organization that seeks reimbursement or seeks to demonstrate the reasonableness, allocability, and compliance of costs incurred under federal awards.
04
Organizations that need to accurately allocate and track costs in order to maintain financial accountability and transparency.
Note: It is always recommended to consult with financial professionals and refer to specific guidelines provided by the funding agency or governing body when completing an a-87 cost plan jul.
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What is a-87 cost plan jul?
A-87 Cost Plan JUL refers to the guidelines for calculating and submitting the cost allocation plan for federal grants.
Who is required to file a-87 cost plan jul?
Any organization that receives federal grants and must adhere to Cost Allocation Requirements is required to file a-87 cost plan jul.
How to fill out a-87 cost plan jul?
To fill out a-87 cost plan jul, organizations must follow the guidelines provided by the Office of Management and Budget (OMB) and submit the necessary cost allocation details.
What is the purpose of a-87 cost plan jul?
The purpose of a-87 cost plan jul is to ensure that federal grant funds are allocated and used appropriately in accordance with federal regulations and guidelines.
What information must be reported on a-87 cost plan jul?
A-87 cost plan jul must include details of how federal grant funds are allocated across different cost categories, as well as justification for the allocation methods used.
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