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<p class="MsoNormal"><img width="795" height="146" style="width:8.2777in;height:1.5208in" id="Picture_x0020_1" src="cid:image001.jpg@01D74CC8.A313C130" alt="Graphical user interface, text, application
Description automatically generated"><o:p></o:p></p>
<p class="MsoNormal"><b><o:p> </o:p></b></p>
<p class="MsoNormal" style="text-align:justify"><span style="font-family:Roboto;color:black"><o:p> </o:p></span></p>
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<p class="MsoNormal" style="text-align:justify"><span style="font-family:Roboto;color:#333333">When the budget period spans fiscal years that have different Facilities and Administrative (F&A)/indirect cost (IDC) rates, separate the budget into different
</span><a href="https://electronicresearch.pitt.edu/glossary-of-terms/#a"><span style="font-family:Roboto">allocations</span></a><span style="font-family:Roboto;color:#333333"> to utilize the different rates.
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<p class="MsoNormal" style="text-align:justify"><span style="font-family:Roboto;color:#333333"><o:p> </o:p></span></p>
<p class="MsoNormal" style="text-align:justify"><span style="font-family:Roboto;color:#333333">For example, an 18-month budget uses 56.5% IDC rate for the first 15 months, and 59% IDC rate for the remaining 3 months (see Figure 1).<o:p></o:p></span></p>
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<p class="MsoNormal" style="text-align:justify"><span style="font-family:Roboto;color:#333333">Figure 1. Financial Setup Page in Awards<o:p></o:p></span></p>
<p class="MsoNormal" style="text-align:justify"><img border="0" width="798" height="347" style="width:8.3125in;height:3.618in" id="Picture_x0020_14" src="cid:image007.jpg@01D74CC8.A313C130"><span style="font-family:Roboto;color:#333333"><o:p></o:p></span></p>
<p class="MsoNormal" style="text-align:justify"><span style="font-family:Roboto;color:#333333"><o:p> </o:p></span></p>
<p class="MsoNormal" style="text-align:justify"><span style="font-family:Roboto;color:#333333">Click ‘Add’ or ‘Update’ to enter the financial account (budget year). Include the IDC rate in the title and click ‘OK’ when completed (see Figure 2 for example).
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<p class="MsoNormal" style="text-align:justify"><span style="font-family:Roboto;color:#333333">Figure 2. Add/Update Financial Account<o:p></o:p></span></p>
<p class="MsoNormal" style="text-align:justify"><img border="0" width="808" height="156" style="width:8.4166in;height:1.625in" id="Picture_x0020_23" src="cid:image011.jpg@01D74CC8.A313C130"><o:p></o:p></p>
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<p class="MsoNormal" style="text-align:justify"><span style="font-family:Roboto;color:#333333">Click ‘Continue’ on the Financial Setup page to save and move to the Budget Allocations page (see Figure 3).
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<p class="MsoNormal" style="text-align:justify"><span style="font-family:Roboto;color:#333333">Figure 3. Budget Allocations Page in Awards<o:p></o:p></span></p>
<p class="MsoNormal" style="text-align:justify"><img border="0" width="801" height="311" style="width:8.3472in;height:3.2361in" id="Picture_x0020_21" src="cid:image014.jpg@01D74CC8.A313C130"><o:p></o:p></p>
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<p class="MsoNormal" style="text-align:justify"><span style="font-family:Roboto;color:#333333">Click ‘Add’ or ‘Update’ to enter the associated data for each budget allocation. The IDC rate can be updated in Question 17 (see Figure 4 for example).<o:p></o:p></span></p>
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<p class="MsoNormal"><span style="font-family:Roboto;color:black">Figure 4. Budget Allocation SmartForm<o:p></o:p></span></p>
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</span><a href="http://electronicresearch.pitt.edu/"><span style="color:blue">project website</span></a><span style="color:black"> for more information.
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