In Hancock, direct costs mean on-the-job expenses, like measures. Indirect costs mean any other supportive cost, like audit fees, salaries, supplies, etc. This article explains how a program manager can set up a budget type and allow both direct and indirect costs to be invoiced by the users.
Set up Budget Type to Allow for Indirect and Direct Cost Invoicing
1. Start on the Budget Type screen. Set the program operations budget type to "both" under the program information / budget type screen:
2. (optional) After Setting up the Budget Type, Setup Sub-categories for the budget type
This step will let end users categorize the indirect costs. For example, if an end user was billing "salaries" as an indirect cost, they would be able to bill against the budget type (in this example, program operations), then subcategorize the expense into buckets (like salary, supplies, training, etc.)
- Go to the budget type detail screen (right below budget type)
- Choose the budget type that you want to set up budget subcategories for (in the example above the budget type name is program operations) and enter a dropdown list that you'd like the user community to pick from