inflation Research Matters Forum › Category: Proposal entry in KC › inflation 0 Vote Up Vote Down KIL asked 7 years ago If the 1st year of a proposal (R01) crosses fiscal years, does KC only apply inflation to the new fiscal year portion? 1 Answers 0 Vote Up Vote Down ringrao Staff answered 7 years ago KC will apply inflation to all periods based on the FY. If the proposal crosses a FY, inflation is applied to both.