Ask your questions for the upcoming seminar!

Hi,

being a Finance Manager, my interest lies more with technical issues, I suppose.

Anyway, I already gathered the following questions:

1. In the Final Report, we are asked to give an explanation for differences between actual expenses and budget. Do we need to give an explanaion on budgetline level, or would an explanation on Chapter level suffice, too? And surely, a difference of 5 % is not too big a difference and need not to be explained, I assume. But where does the EC draw the line? At 15% ? As this is also the treshold for moving amounts between Chapters?

2. For the Finance Dept. it is often not easy to establish the number of Units. How important is it that the number of Units is correct? How do others solve this problem?

3. Chapter 5, Services, can imply editing costs, for example. Is it allowed to claim Staff costs here, when a Staff Member has done the editing?

4. Is it allowed to put costs from Year One, that has not been reported before, into the Final Report? (For example when it was difficult to get a proper invoice before?)

5.While reallocating costs between budgetlines, are we supposed to leave the original budget figures unchanged? Or should we add/deduct the reallocations to/from the original budget figures?

Thanks for your attention,

Kees Kimman

Finance Manager Transnational Institute Amsterdam