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OMBControlNumber18400849Expires4/30/2021 QuarterlyBudgetandExpenditureReportingunderCARESActSections18004(a)(1)Institutionalization,18004(a)(2), and 18004(a)(3), inapplicable 01/08/2021 12/31/2020

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How to fill out quarterly budget and expenditure

01

Gather all financial data for the quarter including income and expenses

02

Create a list of all sources of income for the quarter

03

List all planned expenses for the quarter including fixed and variable costs

04

Calculate the total income and total expenses for the quarter

05

Adjust the budget as needed to ensure it balances and accounts for any surplus or deficit

Who needs quarterly budget and expenditure?

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Nonprofit organizations that need to report on their financial status to donors and stakeholders

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Government agencies that are required to report on budget and expenditure to the public and auditors

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What is quarterly budget and expenditure?

Quarterly budget and expenditure refers to the financial plan and spending summary for a specific quarter.

Who is required to file quarterly budget and expenditure?

Organizations and individuals who receive funding or grants may be required to file quarterly budget and expenditure reports.

How to fill out quarterly budget and expenditure?

Quarterly budget and expenditure reports can typically be filled out online or through specific forms provided by the funding source.

What is the purpose of quarterly budget and expenditure?

The purpose of quarterly budget and expenditure reports is to track and monitor the use of funds, ensure transparency, and demonstrate accountability.

What information must be reported on quarterly budget and expenditure?

Information such as expenses, revenues, variances, and explanations for budget adjustments may need to be reported on quarterly budget and expenditure.

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