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SIMG_GM_IDC_CHART - Chart of Account Settings for GM Indirect Costs

SIMG_GM_IDC_CHART - Chart of Account Settings for GM Indirect Costs

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Use this step to enter the chart of accounts settings required for indirect cost (IDC) processing in Grants Management (GM).

You must first have created the chart of accounts you want to use for IDC processing.

Standard settings

Choose New Entries and enter the following:

  • Chart of accounts
  • Grant type

In the Chart of Account Settings section, specify the individual accounts to be used for specific purposes:

  • Cost reimbursement account
  • Indirect cost recovery (IDCR) class
  • Expense account
  • Indirect cost expense (IDCE) class
  • Cash clearing account






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