How to Update Forecast Indirect Costs

Indirect Costs are forecast in 4 components:

• Wages
• Other Indirect Costs
• Depreciation
• Interest Expense

They can be entered as a percentage of the previous month or a manual amount.

1. Go to the Forecast Summary screen.
2. Click the Edit pencil on the Indirect Costs line.
   1. The last actual monthly amounts by component (Wages, Other, Depreciation, Interest Expense) display.
      1. For each component, enter either a percentage of the previous month or an amount.
      2. Note to see what accounts are tagged as Other Indirect Costs, use the Monthly Data screen.
3. Click Accept & Save when the data entry is complete.