Job Costing - Overhead Allocations

Overheads are system generated transactions that add additional cost to a job when normal cost transactions are posted. If running CMiC payroll for timesheet entry only, then the user would probably want to use this feature to allocate by hours worked a percentage of the payroll overheads.

Although usually used for payroll type transactions, overheads can be applied to any transaction that hits job cost. Overheads can be applied at the job, cost code (phase), or category level, or any combination of these levels as required.

The cost portion of the allocation is charged directly to a job/cost code/category, this can be the category that incurred the original cost or a special overhead category. The credit side can be accumulated into one or more jobs (job/cost code/category) and/or GL accounts. A maximum of five splits are accommodated.