The system should provide multiple setup options so indirect labor can be assigned to departments, cost centers, central service, service centers, and distinct projects (e.g. IR&D, B&P) as well as relevant indirect cost pools. The timekeeping feature must allow time tracking for each indirect cost category.
The system should accommodate the set up of an unlimited number of primary and intermediate cost pools for calculating indirect expense rates. It should be easy to enter adjustments to a cost pool (for example, to identify then exclude unallowable expenses) or to selected/all cost pools in one or multiple fiscal reporting periods. There should be a variety of methods available to adjust cost pools including constants, formulas, or general ledger account balances. Finally, for each cost pool the system should provide a supporting schedule for use in Incurred Cost Proposal submittals.
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To discuss your needs, contact Bill Lennett, Principal, at 1-925-362-0712 or email him at
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