2.2 Creating Additional Budgets

In rare instances, your Funding Proposal can have multiple budgets associated with it. You can create an additional budget and complete the SmartForm following the Budget SmartForm instructions above.

There are a variety of reasons to create an additional budget, such as:

  • Separate Budget needed to identify budget by Tasks (i.e.: DARPA proposals)
  • Draft Budgets - Drafting separate Budgets for comparison of different scenarios
  • Needing to create a Revised Budget

Additional budgets will be included on the Financials tab of the Funding Proposal if they are marked as Include in Consolidated Budgets = Yes on the General Budget Information SmartForm page. All project budgets that are being submitted to the sponsor should be marked as Yes

Additional budgets may also be created if there was an error in the first budget, and you would like to start over with a new budget, or if you are creating additional budgets as draft budgets (e.g., to compare different scenarios) before determining the final version. In this scenario, it is very important to ensure only the final budget(s) are marked as Include in Consolidated Budgets = Yes on the General Budget Information SmartForm page. All drafts or budgets created in error should be marked as No so that they are not included in your proposal totals or included on the award when funded.