SF-424A and SF-425 explained
SF-424A: the budget
The The federal budget form for non-construction programs: the budget by object class, federal and non-federal. sets out the budget by object class: personnel, fringe benefits, travel, equipment, supplies, contractual, construction, other and indirect charges, with the federal and non-federal share of each.
Indirect costs are usually your negotiated rate applied to Modified total direct costs: the base an indirect cost rate is applied to. It leaves out equipment, rent, tuition and the part of each subaward over $50,000, among others., not to the whole budget.
SF-425: the financial report
The The Federal Financial Report: cash received and spent, and the federal and recipient share of outlays, for a reporting period. reports, for a period, the federal cash you received and spent, federal and recipient shares of outlays, unliquidated obligations and indirect expense. It is due on the schedule in your award, and a final one within 120 days of the end of the period.
How AnyGrant helps
AnyGrant fills both worksheets from your own budget lines, spending and drawdowns. See compliance.