|Yearly Line-item Budgeting
Fiscal-year budgets expire on June 30, and fiscal-year budgeting is
typically done in Ledgers 1, 2,
4, 7, and 9.
Project-period budgets continue for the "life" of the project, and project-period
budgeting is done in Ledgers 5 and 8,
and for grants and contracts in Ledger 6.
The Year-End Processing attribute
governs whether an account is subject to fiscal or project budgeting.
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