F&A - Indirect Cost Recovery (IDC)

Last Updated: Thursday, December 24, 2020

Model Category: Revenue

Model Line: Indirect Cost Recovery (IDC) Revenue, L30

Principle

The indirect cost collected on Grants and is distributed in the following fiscal year. The F&A rate is stored in NUgrant and SAP. F&A percentage that determines the distribution is stored in NUgrant.

Source Of Amount

  • UNL incurs F&A on expense GL 581000
  • What is collected in year 1 is distributed in year 2

Step Down

Balance To Distribute

N/A

Distributions

Based on F&A percent earned on each sponsored project

SAP Vs Model

  • SAP F&A transfers for FY18, FY19 and FY20 will not match the model due to institutional distribution policy change