The indirect cost expenditure account(s) should be used in conjunction with the indirect cost receipt account 47300000 to prepare noncash revenue and expenditure entries to track overhead costs for grant accounting. These accounts carry balances for monthly accounting, but at 6/30, the expenditure balance should be eliminated against the corresponding indirect cost receipt account balance (account 47300000) to zero out the accounts for year end reporting. This account is invalid for governmental funds.