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    Manage Overhead Costs
    • 19 Aug 2024
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    Manage Overhead Costs

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    • PDF

    Article summary

    This article covers using the Overhead field to adjust costs on Smart Ops AP invoices and classic AP invoices

    The overhead adjustment feature allows users to adjust item costs to account for any overhead costs such as freight and shipping.

    To do this users can enter any overhead amount into the added Overhead field on the AP invoice form. The added Adjust button will use the overhead costs and the invoice total to adjust the cost of the individual items. Once adjusted, a weighted percentage of the item cost (each amount x quantity) will distribute per line item to spread the overhead costs across all items on the invoice. 

    This is only available for users with the Overhead feature enabled in their database. Please contact your CSM to learn more.  


    Manage Overhead Costs

    To manage overhead costs, follow these steps:

    1.  First open a new or existing AP invoice form. 

    Smart Ops AP Invoice

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    Classic 

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    2. Enter the correct overhead value into the Overhead field. 

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    A screenshot of a computer  Description automatically generated

     

    3. Users may be notified that the 'invoice overhead does not match the details overhead' or that their is 'Unassigned overhead = #.' Ensure that the overhead value is added to the Invoice Total on the Smart Ops invoice form or the Document Amount on the classic invoice. In the example below, $60 has been added to the $210 for a new Invoice Total of $270.

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    4. Once the Invoice Total reflects the total overhead costs, click Adjust

    If the AP invoice details lists an Overhead line item, this item should first be removed before adjusting costs.

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    A screenshot of a computer  Description automatically generated



    5. In addition to clearing match total notices, the adjustment will update the invoice total as well as the cost values in the Overhead and Total columns at the item level. These adjusted values are the weighted percent of the item cost relative to the total invoice cost. 

    A screenshot of a computer  Description automatically generated

    A screenshot of a computer  Description automatically generated


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