Compute Inventory Burden Rates
Use this screen to generate actual and target year-to-date burden rates for selected ranges of accounts and organizations.
This process is similar to Compute/Print Pool Rates screen except that this process computes inventory burden rates by pool type (such as fringe or overhead) rather than for each pool. The rates are stored in the INVT_BURD_SUM table. Costpoint uses these rates to value inventory burden for purchased inventory and manufacturing work-in-process/finished goods inventory. Your cost pool configuration determines how your costs are burdened. The inventory settings in Costpoint Inventory determine when raw materials are burdened. For more information on inventory, please see the documentation for Costpoint Inventory.
If you do not have Costpoint Inventory and Costpoint Production Control, or if you do not want to include variance amounts on your inventory, this process is not required.
If you selected the Exclude Burden from Asset Inventory check box on the Manage Cost Pools screen for a particular cost pool, this application excludes from its calculations any accounts that are classified as "asset" (ACCT.s_acct_type_cd = A) on the Manage Accounts screen.
If your company uses Costpoint Inventory and Costpoint Production Control, execute this process every period immediately after running the Compute/Print Pool Rates screen.
- Related Topics:
- Display of the Compute Inventory Burden Rates Screen
You access the Compute Inventory Burden Rates screen from the Projects domain. - Contents of the Compute Inventory Burden Rates Screen
Use the fields and options to configure the Compute Inventory Burden Rates screen. - Table Information for the Compute Inventory Burden Rates Screen
Changes to the Compute Inventory Burden Rates screen update several tables.