Weekly question:
How should each cost be declared in the breakdown?
In case you have been selected for the 2nd level of audit or you have to go through the CFS audit, you will be requested to provide the cost breakdown. Nevertheless, it is important for you as Beneficiary to know how to get organized.
Below is the recommended method for declaring the breakdown of costs:
For Personnel cost, the definition of an item is one person.
i.e. There have been 10 employee declared in a 4 periods action. One item represents the cost of one employee for all 4 periods.
For Travel cost, the definition of an item is one person travel cost for an event/ conference for travel costs
i.e. One item represents the cost of employee Agatha Christie, for the trip to GA Meeting with all the partners in Romania.
For Consumables, Equipment, Subcontracting or Internally invoiced costs the definition of an item is one line in the breakdown.
i.e. One item represents the cost of one special equipment for the action or one item represents the cost with the CFS audit.
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