Budgetary and financial management. 7.1 The Erasmus+ grant contribution to the project's staff costs, travel costs and costs of stay will be calculated on the basis of "unit contributions" whose individual amounts are specified in the Erasmus+ Programme Guide, in the Guidelines for the Use of the Grant and in the Guidelines for the Special Mobility Strand (when applicable).
Budgetary and financial management. 11.1 The Lead Beneficiary is the responsible party to the MA for the sound financial management of the Project. Financial share of particular beneficiaries in the Project costs as well as the maximum amount of co-financing from the Programme funds for particular beneficiaries are established in the Project budget in the approved Application. The Lead Beneficiary shall transfer the amount due to the Beneficiary to the Beneficiary’s bank account.
Budgetary and financial management. 8.1 Regarding the travel costs and costs of staff contributing to the project, the beneficiary confirms respecting the social and labour legislation of their country. Travel and staff costs can be calculated according to the institutional or national procedures or as unit costs or as real costs.
Budgetary and financial management. 7.1 The Erasmus+ grant contribution to the project's staff costs, travel costs and costs of stay will be calculated on the basis of “unit contributions” whose individual amounts are specified in the Erasmus+ Programme Guide and in the Guidelines for the Use of the Grant. However, original invoices, debit notes, receipts, bank statements for every item of expense have to be thoroughly documented and kept by the beneficiaries and can only be financed by project funding if they are in compliance with eligibility of expenditure. The beneficiaries are fully responsible for the correct delivery of their declarations of expenses and the appropriate application of the accounting system. Specifically, the beneficiaries shall comply with the following: − to accept the liability for the adequate and orderly accounting of the project according to the rules and regulations of the Grant Agreement. − to be aware of the fact that the coordinator will not compensate for the ineligibility of costs caused by any violation of the Grant Agreement or this Partnership Agreement for which the respective beneficiary is responsible. Any costs which would be assessed as ineligible by the Executive Agency within their final report assessment will need to be reimbursed by the respective beneficiary to the coordinator who confirms to forward the ineligible amount to the Executive Agency. − to make available any documentation on project finance and activities required by the Executive Agency.
Budgetary and financial management. 7.1 The Erasmus+ grant contribution to the project's implementation wil l be calculated on the basis of "unit contributions" covering activities directly linked to the implementation of the project (per day/per category of staff/per group of country). Information on this can be found in the programme guide and Grant Agreement.
Budgetary and financial management. 7.1 The Xxxx Xxxxxx xxxxx contribution to the Project's staff costs, travel costs and subsistence costs will be calculated on the basis of “unit contributions” whose individual amounts are specified in the Project budget (see Annex 1).
Budgetary and financial management. 7.1 For the purpose of implementing the project and in relation to payments of the costs incurred in terms of staff, travel and costs of stay, the Coordinator will apply the following : - Travel costs, costs of stay and equipment costs will be centrally managed by the coordinator who will cover directly these costs for the beneficiaries. - Staff costs will be reimbursed to the beneficiaries, in accordance with the estimated budget breakdown identified under Annex I of the Agreement. Payments will be done regularly, within 60 days after the receipt of proofs of expenditure (i time sheets reporting the time spent on activities.
Budgetary and financial management. 1. The Project Coordinator is the responsible party to the Executive Agency for the budgetary and financial management of the Project.
