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:
You set the method on the Overhead Allocation Settings form ( ). |
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:
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 ( ) 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 | .
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. |
Parent Topic: Overhead Allocation Report