Burden Rate Maintenance
Show/Hide All
Enter the job type associated with the burden rate to add or maintain, or click the Lookup button to list all job types.
Type the cost code to be used to post the burden amount calculated for the job type, or enter asterisks (*) to designate "masking" to be performed on the source cost code to determine the burden cost code to be used. Click the Lookup button to list all cost codes.
Any asterisks entered in this field will be substituted with the character or number from the cost code associated with the original labor cost.
To post the burden amount to the same cost code and cost type as the cost code used to post the labor cost, enter all asterisks (***-***-***) in the Burden Cost Code field and select Labor in the Burden Cost Type field.
If you enter ***-***-990, the burden for labor costs associated with cost code 100-020-001 will be posted to 100-020-990.
Select the cost type to be used to post the burden amount. The cost types activated for the burden cost code appear in the drop-down list box in this field.
Note To post the burden amount to the same cost code and cost type as the cost code used to post the labor cost, enter all asterisks (***-***-***) in the Burden Cost Code field and select Labor in the Burden Cost Type field.
Select the burden calculation method.
Select Percentage Rate to calculate burden as a specified percentage of labor costs.
Select Hourly Rate to calculate burden based on a specified rate per hour.
If Hourly Rate is selected in the Calculation Method field, type the dollar-per-hour rate to be used to calculate burden.
If Percentage Rate is selected in the Calculation Method field, type the percentage rate to be used to calculate burden.
Enter the general ledger burden debit account number to post debit amounts for the calculated burden, or click the Lookup button to list all general ledger accounts.
If the account number is longer than the field, use the left and right arrow keys to view the entire account number.
Accounts can be created in this field if the appropriate settings are defined in the Auto Create when all Segments are Valid field in the General Ledger Options window. For more information, see General Ledger Options.
145-00-00 Work in Process – Burden
Enter the general ledger burden credit account number to post credit amounts for the calculated burden, or click the Lookup button to list all general ledger accounts.
If the account number is longer than the field, use the left and right arrow keys to view the entire account number.
Accounts can be created in this field if the appropriate settings are defined in the Auto Create when all Segments are Valid field in the General Ledger Options window. For more information, see General Ledger Options.
710-00-00 Applied Burden
© Sage Group plc 2019. Privacy Policy | Copyright/Trademarks