Defining Overhead Priorities

The usage of percentage overhead code is categorized by attaching it to one or more of the following entities in the required order:

• Inventory Organization
• Item
• Item GL Category
• Item Cost Category
• GL Business Class
• GL Product Line

For each entity, you can assign different overhead priorities for a given legal entity code and a percentage overhead code. You can assign numerical sequential values for the given overhead entities. Only the priority entities that have values assigned impact the specific overhead percentage definition. The remaining entities do not appear on the Overhead Percentage window and does not impact cost rollup and how percentage overhead cost is calculated for the percentage overhead code.

To define overhead selection priorities:

1. Navigate to the Overhead Selection Priorities window.
2. Enter the Legal Entity for which you are defining overhead priorities. Required.
3. Enter the Overhead Code for which you are defining overhead priorities. For example, enter SHR for the Shrinkage. Required.

Priorities

4. After the overhead code is entered, the attributes associated with the indicated overhead code are displayed in Overhead Entities. Starting with the number 1 (1=highest priority), enter a priority number next to each field to be used for defining and retrieving costing overhead percentages. If a field does not have a number, it will not be used for overhead percentage definition and retrieval. None of the fields are mandatory but at least one field is required in order for the record to be saved. Do not use the same priority for two fields. Required.
   Following is a list of all attributes:
   
   • Inventory Organization
   • Item
   • Item GL Category
   • Item Cost Category
   • GL Business Class
   • GL Product Line