|37733|Search Criteria|
|37736|Allocation considerations|
|37737|The Profitability By Project report is different from the Company Profitability reports in that it includes an overhead allocation from the GL. It is based upon posted GL transactions and is not intended to tie to the budget analysis reports which are based upon actual transactions. The overhead allocation includes any transactions entered against expense accounts that are not associated with a client. Any entry tied to a client specified as an overhead client will be included in the overhead calculation and these clients will not show up in the profitability reporting. The percentage of overhead can be allocated using one of four methods.|
|37738|Labor Hours - This is the total approved hours on time sheets charged to the client or project divided by the total approved hours for the date range.|
|37739|Labor Cost - This is the total approved hours * standard cost charged to the client or project divided by the total approved hours * standard cost for the date range.|
|37740|Total Billing - This is the total of all revenue posted for the client divided by the all revenue in the date range|
|37741|No Allocation - This would still show the standard labor costs and inside costs, but would not have a bottom overhead number.|
|37742|Subtract Costs Before Allocation - If checked, the system will subtract the total inside costs (labor and expenses) from the total overhead before multiplying by the allocation factor. If unchecked, the subtraction will be done after the calculation.|
|37743|There are 3 types of expenses in WMJ|
|37744|COGS|
|37745|Expenses|
|37746|Other Expenses|
|37747|There is a report that allows you to figure out the Overhead (OH) for each, it is called 'Overhead Allocation Details', If you run the report for each expense type, you will get:|
|37748|COGS OH<| /li>
|37749|Expenses OH|
|37750|Other Expenses OH|
|37751|There could be 3 allocated amounts displayed on the Project PL report (assuming Labor Hours for method):|
|37752|COGS Allocated = COGS OH * (Project Hrs/Total Hrs)|
|37753|Overhead Allocation = Expenses OH * (Project Hrs/Total Hrs) - Project Labor Cost - Project Misc Costs|
|37754|Other Expenses Allocated = Other Expenses OH * (Project Hrs/Total Hrs)|
|37755|Note: Project Hrs, Total Hrs, Project Labor Cost and Project Misc Costs are visible on the drill down of the Overhead Allocation|