Overhead

The overhead cost includes these fields:

• Actual: The actual cost is the cost that has been posted to the project thus far (on the Project Resources form, this is the actual cost that has been posted to the project at the resource level). This field is populated when you run either the Post Project Labor Transactions or Project Resource Transactions activity. If you have resources that are cross-referenced to POs, Jobs and PO Requisitions, these costs are also added.
• Forecast: Calculated by multiplying the forecast cost for each cost code by the overhead rate percentage on the Estimate Projects or Projects forms.
• Cost To Complete: The cost needed to complete the overhead portion of the project. It is calculated as a percentage of the forecast cost depending on the percent complete. For example, if the forecast cost is $10,000 and the project is 10% complete, the cost to complete would be $9,000.
• % Complete: The percent of the project completed displays.