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Advanced Adjustments Changing Budget Amounts using KC Time and Money document In order to decrease or increase a budget, you must increase the budget obligated amount in the Time and Money document. Increasing or Decreasing a Budget To increase or decrease a budget: 1. Open the Award document. 2. Click the blue time & money button. 3. Increase the money by changing the time period and increasing the obligated amount value. Obligated amount cannot be greater than the anticipated amount. 4. Blanket approve 5. Click the return to award 6. the document. button. Navigate back to the Budget Versions page of the Award document. Enter a title for the second budget in the Name field of the Budget Versions section and then click the new button. 50 • Budget Adjustment KFS-KC Integration Guide