Assign Overhead Rates to an Item
JustFood provides the capability for you to create overhead categories to which you can assign a general business posting group and general product posting group. After the overhead categories have been created, you can assign the overhead categories to an item, define when the overhead rate applies, and also define to what location. Assigning an overhead rate category to an item allows the overheads to be broken down across multiple accounts that were defined for the overhead category.
To create overhead rate categories
Choose
, enter overhead rates, and then choose the related link.The Overhead Rates page opens.
For each overhead rate category that you want to create, perform the following steps:
On the action bar, choose New.
In the Code field, enter a code to represent the overhead rate.
In the Description field, enter a description of the overhead rate.
In the Gen. Bus. Posting Group field, select the general business posting group that will be used when you post transactions that use this overhead rate.
In the Gen. Prod. Posting Group field, select the general product posting groups that will be used when you post transactions that use this overhead rate.
To assign overhead rates categories to an item
Choose
, enter items, and then choose the related link.The Items page opens.
Select the item for which you want to assign overhead rates, and then on the action bar, choose Manage > Edit.
The Item Card page opens.
On the Costs & Posting FastTab, in the Overhead Categories field, select the link that appears for the amount.
The Item Overhead Rates page opens.
In the Location Code field, if you only want the overhead rate to apply to a specific location, select a location.
In the Overhead Rate Code field, select the overhead rate.
This field determines the posting groups that will be used.
In the Overhead Rate field, enter the overhead rate, which is the amount that will be applied for each Unit of Measure (UOM) Code.
The Overhead Rate (Base UOM) field is automatically populated.
In the Unit of Measure Code field, select the Unit of Measure Code.
The value can only be the base UOM or a weight UOM.
If you do not want the overhead to be calculated based on weight, select the base UOM.
If the item is a variable weight item, and you want the overhead to be calculated based on an item's weight, select a weight UOM. If a weight UOM is entered, the value in the Overhead Rate (Base UOM) field is calculated based on the quantities that are defined for the item's UOM.
In the Starting Date and Ending Date fields, if you want the overhead rate to apply to a specific period, enter a starting and ending date.
Choose Close.
The total of the overhead rates is returned to the Item Card page, in the Overhead Categories field.
On the Stockkeeping Unit Card page, the Overhead Categories field is also populated, and displays the total overhead. However, if any of the overhead rates are for the stockkeeping unit's location, that overhead rate will override the same Overhead Rate Code with a blank location.