Essay On Cash Request

Describe the cost system proposed by the consultant and calculate the cost of the 5 components in the case.

Required Action: Documentation must be submitted that demonstrates one of the following: 1) these costs were allowable grant expenditures incurred in accordance with applicable cost principles or 2) financial adjustments were made to the accounting records refunding the questioned costs to the grants.

Rent Expense | 680 | | Miscellaneous Office Expense | 515 | | Office Salaries Expense | 1,800 | | Supplies Expense | 330 | |

expenses are deducted on Line 24a [airfare $8,200 + lodging $5,200 + transportation $920] and

Professional fees, insurances, taxes and charges,subs and membership- Audit fees, external accounting costs, bank charges, insurance except workers comp.

Second, the expenses must be one that is allowed as a deduction. To be deducted the expense must be ordinary, necessary, and incurred during the taxable year in order to carry-on the business. In determining whether expenses are necessary, we look to the purpose in making the payments and whether they have a connection to the business. In your case this would be to have a place to run your business, and to have the equipment and inventory needed to make your product. A necessary expense is one that is appropriate and helpful for the business. It is both appropriate and extremely helpful to have a place

less than the cost of repair for damaged vehicle involve in an accident in lieu

Please also note that a number of the costs are fixed and a few are variable and can change up or down as it relates to the amount of work needed to satisfy the State requirements. All work and related expenses will be tracked and invoiced on a regular basis.

The breakdown should be detailed, showing what portion of the expenses was allocated to program, fund raising and administrative activities.

By simply combining several programs that are already available and known throughout the community, it is believed the CAM Cash program would likely be accepted throughout the community and that many organizations would be willing to participate. As time progressed, an office related specifically to the CAM Cash program would likely need to be opened, and several individuals, whether employed or volunteers would be needed to operate the program, update the website, process the applications, and work with the local school districts. Although this appears to be a large undertaking, it is really a combination of practices and programs that are already established and therefore the startup and continuation of the program would be rather simple. While program while specific to Larimer County could easily be expanded and implemented nationwide. Overall this program would provide families with children in need an easy to use source of discrete assistance during disasters and traditional school closures that are specific to their

Grants.gov is the federal government’s central depository for grant programs from federal agencies such as the U.S. Department of Transportation, Department of Agriculture, and Environmental Protection Agency. Information for over one thousand grant programs that provide “approximately $500 billion in annual awards” is available on their website.

Professional fees, insurances, taxes and charges,subs and membership- Audit fees, external accounting costs, bank charges, insurance except workers comp.

As most of us pay rent, mortgage, etc., so do business owners, who may rent or pay taxes on the probity, utilities, etc. you would list the total expenses or bills that need to be paid.

Please have your staff submit theirs/volunteer’s mileage and expense to you for review & signature.