If you have some awards that incur ISC charges at 6% instead of 8%, then you can enter your 2% recovery adjusments manually. Which panel and code you make the ISC adjustment on depends on what type of ISC charge you are recovering against. They are all done in the ISC Adjustment panels within the process.
|Type||Panel Name||Charge Code||Recovery Code|
|Revenue||ISC Revenue Adjustment||48990||48904|
|Transfer||ISC Transfer Adjustment||49710||49715|
|Expenses||ISC Expense Adjustment||58915||48902|
Note: Indirect Cost Recovery (IDC) adjustments to Federal and Non-Federal G&C are made in the Booked Budget: Expense and Revenue Process.
•Open the appropriate Non-Salary Expense panel (YER or BB Annual or Monthly)
•Filter Page Edge CB Award Type: Federal or Non-Federal G&C
•Filter Page Edge Object Code to 56900
•May need to Unhide Empty Grid Rows using settings icon on left sidebar
•Enter + or – IDC Adjustment on code 5690B and click SAVE.