Fibi helps the user create budgets for the proposed project as well as create alternate version of the budget. All types of costs can be defined including salaries, effort, as well as other project costs by expense categories.
All approved EB and F&A rates, lab allocation rates can be defined through the application allowing for easy maintenance of the budget. The system automatically accounts for inflation to the proposed costs.
All rates may be adjusted on a per-proposal basis allowing for ultimate flexibility when responding to sponsor and institute requirements. The Budget module can create detailed budgets or modular budgets. Sub Award budgets can also be included with the main budget for submission to the sponsor.