FAA4.I Earned Income (EAIN EAIC) : 06 Budgeting Earned Income - Overview : A Projecting Income - Overview : .01 Projecting Income - A Full Month's Income Has Been Received
Projecting Income - A Full Month's Income Has Been Received
 
(01/01/19 – 12/31/19)
When a full month of income has been received and no changes are expected, include the income for the month it is received and for ongoing months.
 
When a full month of income has been received and changes are expected, include the unusual income only in the month received. (See Example Unusually High or Low) Project the income for ongoing months based on the budgetary unit’s verified circumstances.
 
When the income is verified as terminated, include the income only when received in the application month and remove it for ongoing months. (See Example Terminated Source).
 
When a full month of income(g) has been received, complete the following on the appropriate income screen:
 
●Key the gross income(g) received in each pay period for the benefit month.
●Key the date the income is received.
●Key the appropriate frequency code.
 
(See Examples Budgeting One Check When All Checks are the Same and Budgeting Less Than 30 Days of Income)