<div dir="ltr"><div class="gmail_default" style="font-family:verdana,sans-serif;font-size:small;color:#000099">Does anyone apply the indirect cost rate to federal grants? If so, please help. </div><div class="gmail_default" style="font-family:verdana,sans-serif;font-size:small;color:#000099"><br></div><div class="gmail_default" style="font-family:verdana,sans-serif;font-size:small;color:#000099">I understand where I should charge the indirect cost to the grant, but what is the offset transaction in the general fund? Receipt or reduction of expenditure? Is there a specific USAS code for this transaction?</div><div class="gmail_default" style="font-family:verdana,sans-serif;font-size:small;color:#000099"><br></div><div class="gmail_default" style="font-family:verdana,sans-serif;font-size:small;color:#000099">Thanks!!</div><div class="gmail_default" style="font-family:verdana,sans-serif;font-size:small;color:#000099">Happy 4th and Happy closing!</div><div class="gmail_default" style="font-family:verdana,sans-serif;font-size:small;color:#000099">Tracy</div><div class="gmail_default" style="font-family:verdana,sans-serif;font-size:small;color:#000099"><br></div><div><br></div>-- <br><div class="gmail_signature" data-smartmail="gmail_signature"><p><font face="verdana, sans-serif" color="#000099">Tracy Knauer, Treasurer<br>James A. Garfield Local School District<br>10235 State Route 88<br>Garrettsville, Ohio 44231<br>330-527-4336 x 602<br>330-527-5941 fax </font></p><p><font face="verdana, sans-serif" color="#000099"><span style="font-size:13px;background-color:rgb(255,255,255)">CONFIDENTIALITY NOTICE:</span><br style="font-size:13px;background-color:rgb(255,255,255)"><span style="font-size:13px;background-color:rgb(255,255,255)">This message may contain confidential information including but not limited </span><span style="font-size:13px;background-color:rgb(255,255,255)">to student and/or staff personally identifiable information. Such information is intended </span><span style="font-size:13px;background-color:rgb(255,255,255)">only for the use of the individual or entity named above. If you are not the </span><span style="font-size:13px;background-color:rgb(255,255,255)">intended recipient, you are hereby notified that any disclosure, copying, </span><span style="font-size:13px;background-color:rgb(255,255,255)">printing, distribution, or the taking of any action in reliance on the </span><span style="font-size:13px;background-color:rgb(255,255,255)">contents of the information contained herein is strictly prohibited. If you </span><span style="font-size:13px;background-color:rgb(255,255,255)">received this email message in error, please immediately notify me to </span><span style="font-size:13px;background-color:rgb(255,255,255)">arrange for the return of the original document to me. Please also delete </span><span style="font-size:13px;background-color:rgb(255,255,255)">the message from your computer.</span></font></p><p><font face="verdana, sans-serif" color="#000099"><br></font></p></div>
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