REC 475 Lecture Notes - Lecture 15: Work Unit
Document Summary
Some places have adjusted budgets where you can update your budget numbers. November 18, 2016 that you said back at the beginning of the year: again: Ytd the money they spent already. Encumbered money that has not left your hands but what you. Types of budgets: have spent: line item budget- helps you keep track of how much you have spend and what you have left in your budget. Ex: the type of budget we are doing for our budgeting project. Uniform/easy to make the same across the board. Categories are too generalized to provide detail to the budget. Identify appropriate classification code for each expenditure: classification codes = account numbers. The first set #"s = department code. The second set of #"s = expenditure object. The third set of #"s = program area code. The fourth set of #"s = program detail code. Ex: 24 5135 13 -32.
