You can tailor the system to your company's needs through the setup process. This saves time when using the system.
Calculation of overheadIn accounts modules, these are business expenses, such as rent, that are not attributable directly to any department or product and can therefore be assigned only arbitrarily. In manufacturing modules, these are manufacturing or production expenses other than direct labour or materials. recovery applies in Bill of Materials. Once you enter BOMA stock assembly and process costing system, which provides facilities to specify the structure of finished items in terms of sub-assemblies and components. details, an amount is calculated to show the breakdown of overhead costs.
Enter overhead recovery settings and cost headings before costing your BOM.
BOMs can have up to 20 analysis codes attached to them for analysis purposes.
If you use labour, machine and operation details in more than one BOM, or you have drawings that are used in more than one BOM, set these up first.
Open: Bill of Materials > Utilities > System Set Up > Bill of Materials Settings.