You manage the tracking of income and expenditure for a small unit within a larger organisation. The unit has:
• A quarterly grant income of R450,000, paid in full at the start of each quarter
• Monthly fixed costs (salaries, subscriptions) of R95,000
• Variable costs that fluctuate between R20,000–R60,000/month depending on project activity
• A goal, set by leadership, to build a small reserve fund to cover 2 months of operating costs by year-end