Fid-1 – Budget Approvals and Set-Up
“Submitted budgets and revisions are reviewed for accuracy and fiscal responsibility of the individuals under guardianship assets and liabilities. Once approved, set up of ongoing payments are completed in KYGFIS.”
Fid-1 – Budget Approvals and Set-Up:
Definitions:
Asset: property owned by a person or company, regarded as having value and available to meet debts, commitments, or legacies.
Liabilities: a thing for which someone is responsible, especially a debt or financial obligation.
Source: Oxford Dictionary