Set up indirect cost plans to simulate and determine the indirect cost composition and target rates as required by FAR Subpart 31.2-Contracts with Commercial Organizations. You can have several indirect cost plans with different dates, rates, structures, and formulas.


Standard procedure

1. Go to Budgeting > Government contracting > Indirect cost plan.
2. Click New.
3. In the Indirect cost plan field, In the Indirect cost plan number field, type a value or leave blank if number is set to be system-assigned.
4. In the Description field, type a value.
5. In the From date field, enter a date.
6. In the To date field, enter a date.
7. You can expand the Notes section to enter notes.
Related to Notes

Set up indirect cost plan

 

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