Creating Indirect Cost Recovery (ICR) encumbrances and actuals

Jump to Financials Parameter - set ENCUMBRANCE_IND = Y

Jump to Account

• Account Number: 4131410

• Search

• Edit

• Guidelines and Purpose tab: Enter something in all three text boxes

• Contracts & Grants tab

  • Account Indirect Cost Recovery Type Code: 11

  • Indirect Cost Rate: 021

• Blanket Approve

Jump to Distribution of Income and Expense

• FROM Accounting Line

  • Chart: BL

  • Account: 1031400

  • Object: 5000

  • Amount: 1000

  • Add

• TO Accounting Line

  • Chart: BL

  • Account: 4131410

  • Object: 5000

  • Amount: 1000

  • Add

• Blanket Approve

Create a Requisition/Purchase Order

• Follow the steps in the linked article - Up to Create a Payment Request

• Use account BL-4131410

Jump to Batch Schedule - run testGLBatchJob

Jump to General Ledger Entry

• Chart: BL

• Account: 4131410

• Balance Type: <clear out>

• Search - verify ICR entries created for the DI and the PO