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Expense budget planning is an important part of any budget. An expense budget is a list of forecasted expenses within a set amount of time. An expense budget could cover a quarter, an entire year or just a month.
and Budget (OMB) issued on December 26.i Most notably, OMBâs Uniform Guidance makes clear that a. nonprofitâs indirect costs (sometimes called overhead or administrative costs) are legitimate expenses that. need to be reimbursed for the organization to be sustainable and effective.