Overhead Allocation Codes

Use the Overhead Allocation Codes function to set up codes defining the dollar amount of overhead to be allocated to each transaction in the transaction history table based upon hours charged, dollar value of hours charged, and/or the dollar value of material charged.

Use the Projects function to assign overhead allocation codes to projects, phases, or tasks, then use the functions on the Overhead Allocations menu to calculate, prepare, and post overhead costs.

Creating an Overhead Allocation Code

1. Click the New button, on the toolbar, to open a blank overhead allocation code record.
2. Enter a new overhead allocation code in the O/H Alloc Codes field.
3. Enter a description for the overhead allocation code in the Description field.
4. Enter the amount of overhead hours to allocate for each hour you charge in the Hourly Rate field.
5. Enter the dollar amount of overhead to allocate for every dollar of time you incur in the Labor field.
6. Enter the dollar amount of overhead to allocate for every dollar of material you incur in the Material field.
7. Enter the dollar amount of overhead to allocate for every dollar of expense type transactions you incur in the Expense field.
8. Enter the dollar amount of overhead to allocate for every dollar of other overhead you incur in the Other field.
9. Click the Save button, on the toolbar, to save the new overhead allocation code.

Editing an Overhead Allocation Code

1. Select an overhead allocation code to edit from the O/H Alloc Code field.
2. Edit the fields as necessary.
3. Click the Save button, on the toolbar, to save any changes made to the overhead allocation code.

Deleting an Overhead Allocation Code

1. Select an overhead allocation code to delete from the O/H Alloc Code field.
2. Click the Delete button, on the toolbar, to delete the selected overhead allocation code.
3. Click Yes at the "Are you sure you want to delete selected record(s)?" prompt.