This is to allow adjustments between categories. Minor changes are allowed by almost every agency. Transfers out of categories exempt from overhead will require a transfer into overhead. The answer is the amount of the transfer that should be made to a category subject to overhead. When transferring funds to salaries, you must also transfer funds into fringe benefits.
Fringe benefits are the most difficult category to properly budget.
This percentage is difficult to estimate due to the fixed monthly premium sharing amount. It is very important for good project management to closely monitor the fringe benefit account. It often results in a large surplus which can be moved to other accounts, while in other cases, it may be necessary to increase this category. Equals Fringe allowable for transfer This procedure can be applied at any time but it is especially important near the end of the project when the fringe benefit charges should be examined more closely. With approval from your departmental contact, actual salary and fringe benefit charges are available on-line by account number, by voucher and by individual.