About Overhead Methods

Set up overhead methods to generate transactions with overhead amounts in order to recoup overhead costs from joint venture partners.

You can set up overhead methods to calculate overhead amounts based on any of these factors:

• Percentage of costs

• Percentage of costs with a sliding scale

• Rate

• Rate with a sliding scale

You can also set up an overhead method to generate transactions with a fixed overhead amount.

You can apply periodic adjustments to overhead methods. This enables you to adjust the fixed overhead amount or to adjust the percentage or rate used in the overhead calculation at different intervals.

Joint venture accountants and joint venture application administrators can create and manage overhead methods.