Calculate Indirect Rates

You can use the screens in the Projects domain to compute for indirect rates.

To calculate indirect rates:

1. You must set up a pool.

   This includes setting up cost account/organization combinations, base account/organization combinations, allocation account/organization combinations, and a credit account/organization combination, and ensuring that the Service Center check box on the main Manage Cost Pools screen is not selected (see "Pool Setup Tips" for more information).

2. You must post all journals that affect the account/organization combinations that were set up for the pool.
3. On the Manage Cost Pools screen or the Manage Pool Processing Sequence Numbers screen, set up a sequence number.
4. On the Compute/Print Pool Rates screen, select a pool for computation.
5. You must run the Build Rate Application Table screen. 

   If there have been no modifications to the pool structure, the sequence number, or the status of the Apply Rates to Projects check box on the Manage Cost Pools screen, this step is not necessary.