Non-Profit
Grant Indirect Cost Recovery (Overhead)
Recovering an agreed percentage of direct costs as indirect cost overhead from a grant.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Indirect Cost Recovery Revenue | Revenue (+) | - | 8,000.00 |
| Grant Receivable / Cash | Asset (+) | 8,000.00 | - |
💡 Accountant's Note
Many institutional donors allow NGOs to recover a percentage (10-25%) of direct project costs as overhead. This is tracked as a separate revenue line to show cost recovery against actual overhead incurred.
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