Create Overhead Adjustments
Explanation
Use this activity to create overhead adjustments.
Prerequisites
This activity has the following prerequisites:
- Cost sources for which the overhead adjustments
should be done must be defined.
- Overhead accounting year must be used on the
company.
- The basic data for adjustment reason must be entered.
- To use accounting year end date as posting date, the inventory value
statistics must not have been calculated for the accounting year date.
Note: This does not apply to work order labor and project labor
overheads.
System Effects
The effect of the overhead adjustment can be seen as
additional postings added to the affected transactions. It is also possible to
review the total effect of on adjustment by searching for a specific periodic OH
adjustment ID in the window Distribution and
Manufacturing Postings Analysis.
Window
Create
OH Adjustments
Related Window Descriptions
Create OH
Adjustments
OH Adjustments
Procedure
- Open the Create OH Adjustments dialog box.
- Enter the company
for which you would like to
apply the overhead adjustment.
- Define for which accounting year the overhead
adjustment should apply.
- Enter the Dating of Posting method that should be used to date
the additional postings that will be added as part of the overhead
adjustment process:
- Current Date: Uses today's date on additional
postings added.
- Accounting Year End Date: Uses the last date on the
accounting for which the overhead adjustment is applied.
- This option can only be used when overhead adjustments are
applied on a previous accounting year
- In the row section, create a new record
- Enter the OH type for which the overhead
should be applied
- Enter the cost source ID for which the overhead
should be applied
- Enter the adjustment percentage that the overhead
should be adjusted with. Note that negative values up to -100% can be
used.
- Enter the adjustment reason code that is
applicable for this adjustment row
- Optionally enter a note that explains the
reason behind the adjustment
- If several adjustments should be applied at the
same time, enter new records starting at item 5 above
- Trigger the adjustment process by clicking OK.
This will start a background job.