Page 35 - Participant Guide - Unanet GovCon Closing a Fiscal Period (2)

Questions Answers
What is the Indirect Rate calculated for
the Cost Pool of Fringe Client Site?

What is the Indirect Rate calculated for
the Cost Pool of Overhead Client Site?

What is the Indirect Rate calculated for
the Cost Pool of G&A?

Which Cost Pools are set to have the
Actual Indirect Rates updated in the
Cost Structure (UPDATE RATES)?

Which Cost Pool is the only one to be
Posted to the GL? (POST TO GL)

5. Click Back to Cost Pool Calculation List

View Statement of Indirect Rates

To analyze how the calculation of the company’s indirect rates, view The Statement of
Indirect Rates report. The Statement of Indirect Rates shows the expenses incurred
during a fiscal year, how they were allocated, and details of the indirect rate
calculations. Summary and Details can be viewed in the Cost Pool List or GL Admin has
access to run this report from the Reports Dashboard.

Activity 4.5 Review Statement of Indirect Rates
Login as Glenda Manager (GL Manager) – glmanager / welcome

Activity Steps
1. From the Cost Pool Calculation List, View (use scroll icon) the Statement of
Indirect Rates

2. View the report. Are the Indirect Rates the same as the previous activity for all:
• FRINGE CLIENT SITE?
• OVERHEAD CLIENT SITE? YES or NO
• G&A?
3. Select Close

OPTIONAL: Navigate: Reports > Dashboard > Financials > General Ledger > Statement of
Indirect Rates. Then Run Statement of Indirect Rates on the Standard COST POOL GROUP for
the Closing Fiscal Period.

LESSON 4: GENERAL LEDGER
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