Deltek Vantagepoint Help

Using the Help Search
Using the Help Search
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    Ex."system administration"
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    Ex.system administration
For more information:Searching Online Help

Set Up the Overhead Allocation Structure

In Overhead Allocation Settings, you specify whether or not Vantagepoint allocates overhead to regular projects in which direct labor or revenue has been charged during the accounting year. If you decide to allocate overhead, you also specify the scope: company-wide or by organization.

To set up your system's overhead structure:

  1. In the Navigation pane, select Settings > Accounting > Overhead Allocation.
  2. On the Overhead Allocation settings form, set the Scope option to Companywide or Organization.
  3. If you are setting up overhead allocation by company, use the Method option to determine how expenses are allocated:
    • Assign: Allocates overhead on a year-to-date basis to regular projects, based on a specified percentage of each project's direct labor or revenue, not on the firm's actual overhead costs.
    • Prorata: Allocates overhead on a year-to-date basis to regular projects, based on a percentage of the firm's actual year-to-date overhead costs.
  4. In the Overhead Rate field, enter the default percentage to use when assigning overhead.
  5. Set the Basis option to one of two settings:
    • Direct Labor: Select this setting to base overhead allocation on direct labor, including regular hours and overtime hours.
    • Revenue: Select this setting to base overhead allocation on revenue.
  6. Click Save.
Postrequisite: Complete overhead allocation setup by specifying additional accounts to be included in the overhead allocation base calculations. For information, see Set Up Overhead Allocation Accounts.