Tips for Managing Your Budget
- Create a worksheet in Excel to keep track of your balance and the documents you submit to Fiscal Affairs.
- Don’t for get to adjust your worksheet for the actual amount paid versus the amount submitted on the purchase requisitions.
- Review your monthly budget status report emailed the 1st of each month or more frequently by running them on demand.
- Review Open Commitments purchase orders that can be closed.
- Reserve funds for monthly charges like copier, postage, p-card, and office supplies. You can use the amounts charged in the prior fiscal year as an estimate.
- Review your budget report for any posting errors.
- When buying new items, don’t forget about incidental costs like maintenance, warranties, and replacement parts.
- Don't hesitate to contact us if you have any questions regarding your budget reports:
- For Grants, please contact the Grants Office at X55180 or email grants@easternct.edu
- For all other funds, please contact the Budget Office at x50688 or email Karyl Bulmer
