To plan MTDC exclusions on an item in your budget, complete the following steps:
1. Go to the Plan NonSal Expenses Annually with MTDC
2. Complete the fields identified below: [new screen needed from new release]
Explanation of fields:
# of Subcontracts & POs > $25,000: For each key, enter the number of Purchase Orders and Subcontracts over $25,000 expected this year.
For example, if an account is expected to have one subcontract and one Purchase Order over $25,000, enter 2 in this column. If there are no expected subcontracts or Purchase Orders over $25,000, input zero or leave the cell blank.
Multiply Nbr over $25k: This column multiplies the number of subcontracts/purchase orders from the number that was input by $25,000. This column contains a formula and data should not be entered.
Total $ Amt of Sub-contracts & PO's >$25k: Enter the total value of all Subcontracts and Purchase Orders Over $25,000 in the key.
In the above example, the planned expense for Purchased Services on the SampleKey 2 account key has one subcontract and one purchase order over $25,000. The estimated total subcontract cost is $100,000 and the estimated total purchase order cost is $100,000.
The $ Amount (of the Subcontracts & PO > $25,000) excluded for MTDC: This formula column is the difference between the values in Total $ Amt of Sub-contracts & PO's >$25k and Multiply Nbr over $25k.