Columns for the Overhead Allocation Report

The Overhead Allocation report contains a combination of standard columns and fields. You cannot select columns for this report.

Contents

Field	Description
Run for Period	This field displays the accounting period for which you generated the report.
Method	This field displays the overhead allocation method: Assignment: You supply the overhead rate. Vantagepoint multiplies a base amount by that rate to calculate the amount of overhead to allocate. Prorated: Vantagepoint calculates the overhead rate by dividing the total overhead expenses from the Income Statement by a base amount for each project to calculate the amount of overhead to allocate. You set the method on the Overhead Allocation Settings form (Settings > Accounting > Overhead Allocation).
Effective Rate	This column indicates the effective overhead rate for the year. This is the Year-to-Date Overhead/Allocation Base.
Basis	This column displays the basis for overhead allocation: Direct Labor: Vantagepoint allocates overhead based on the monetary amount of direct labor. Direct labor includes regular hours and overtime hours. Projects with more direct labor receive more overhead. Revenue : Vantagepoint allocate overhead based on revenue. Projects that generate more revenue receive more overhead. You set the overhead allocation basis on the Overhead Allocation Settings form.
Overhead Rate	You can specify this rate in the Budgeted OH Rate field on the Accounting tab of the Projects hub. If the rate is not specified in the Projects hub, you can specify it in Organization or Overhead Allocation Settings (Settings > Accounting > Overhead Allocation) for Overhead Allocation.
Allocation Base	This column displays the allocation base for the project. Vantagepoint calculates the allocation base amount from the allocation basis and the amounts posted to the accounts that you included in the allocation base in Settings > Accounting > Overhead Allocation.
Current Overhead	This column displays the amount of overhead allocated to the project, phase, or task for the current accounting period.
Year-to-Date Overhead	This column displays the amount of overhead allocated to the project, phase, or task since the year began. This amount should match the total indirect expenses on your Income Statement.
Project-to-Date Overhead	This column displays the amount of overhead allocated to the project, phase, or task since the project began.
Project/Phase/Task Name	This column displays the name of the project, phase, or task to which overhead was allocated.
Project/Phase/Task Number	This column displays the number of the project, phase, or task to which overhead was allocated.
Variance Project/Phase/Task	This column displays the project, phase, or task that receives any difference between the computed amount and the actual amount of overhead distributed. This project, phase, or task usually only receives an amount if you use the Assignment method. However, it may also receive small rounding variances if you use the proration method.
Project Totals	This column displays the total overhead allocated to the project.
Overall Totals	This column displays the total overhead allocated to all projects.