C Converting Expenses

FAA4.K Expenses and Payment Standard (EXNS EXPC) : 12 Budgeting Expenses - Overview : C Converting Expenses

C Converting Expenses

Convert expenses billed more often than monthly.

Use one of the following methods to convert expenses to a monthly amount, based on the frequency of billing:

●Expenses Billed Weekly

●Expenses Billed Bi-weekly

●Expenses Billed Monthly

●Expenses Billed Semi-monthly

●Expenses Billed Quarterly

●Expenses Billed Annually

●Expenses Billed Semi-annually

●Expenses Billed Occasionally

WARNING

The court ordered child or cash medical support expense is allowable when the expense is verified as paid.