[EM] Allocations

EM Cost Allocation (Overhead Allocation to Equipment)

Purpose:

• Allocate overhead costs to equipment based on costs, usage hours, revenue, or custom criteria.

• Common uses: insurance, shop supplies, shop overhead, etc.

Setup:

1. Allocation Codes (EM Allocation Codes):

   • Enter description and calculation basis (Costs, Hours, Revenue, Variable).

   • Specify whether to allocate by month or by date range.

   • Define Allocation Amount/Rate:

     • Can be a fixed amount/rate or specific to equipment using custom fields.

2. Select Equipment/Departments/Categories to Allocate:

   • All: Allocate to all equipment, departments, or categories.

   • Assigned: Allocate to specific items defined in Allocation tabs.

   • Prompt For: Choose items when processing allocations.

3. Post Options:

   • Choose cost code and cost type for the allocation.

   • Specify GL accounts to debit and credit when posting.

Processing:

• Run Process Allocations to calculate and post the allocations to the selected equipment.