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Common Cost Pool
Function
This matrix will determine where and how costs from the common cost pool will be distributed during month end cost allocation procedures. This, along with the M/G Pool tab, replaces the Indirect Cost Pool tab if you have purchased the Dual Indirect Cost Pool supplement.
Operating Instructions
Edit: Before establishing or changing the common cost pool allocation base the Edit icon must be selected.
Rate: Click on the first combo box arrow to select the type of common cost pool rate (actual or fixed) to be applied and the second combo box arrow to select the type of common cost pool base (hours or salary) to be applied.
Actual Rate: Click on the combo box arrow and select the Actual Rate option if the common cost pool is to be allocated using actual rates.
Fixed Rate: Click on the combo box arrow and select the Fixed Rate option if the common cost pool is to be allocated using a fixed rate. After the Fixed Rate option is selected enter the common cost percentage rate to be used for the allocation in the field to the right of the Fixed Rate field.
Hours Base: If Hours Base was selected you will need to click on the box to the left of the item if it is to be included in the Hours Base.
Salary Base: If Salary Base was selected you will need to click on the box to the left of the item if it is to be included in the Salary Base.
Allocation: Click on the combo box arrow to select the type of allocation base that will be used.
Other Direct Costs: Click this box if the base for common costs is to include any other GL expense codes other than the items available for selection in the hours/salary base above. If this box is checked, all other GL expense codes will be included 100% as a part of the common cost base unless they are excluded (see the following instructions).
Grids To Exclude Classes, Projects, Elements, GL Codes: If you need to exclude any class, project, element, or GL codes from the base, you must indicate the percentage to be excluded in the appropriate grid. These are all exclusions; leaving percentages at 0% will exclude nothing. If you need to include only one or two GL codes as a part of the base, you will need to mark for exclusion at 100% all but the one or two codes you want to include.
This matrix will determine where and how costs from the common cost pool will be distributed during month end cost allocation procedures. This, along with the M/G Pool tab, replaces the Indirect Cost Pool tab if you have purchased the Dual Indirect Cost Pool supplement.
Operating Instructions
Edit: Before establishing or changing the common cost pool allocation base the Edit icon must be selected.
Rate: Click on the first combo box arrow to select the type of common cost pool rate (actual or fixed) to be applied and the second combo box arrow to select the type of common cost pool base (hours or salary) to be applied.
Actual Rate: Click on the combo box arrow and select the Actual Rate option if the common cost pool is to be allocated using actual rates.
Fixed Rate: Click on the combo box arrow and select the Fixed Rate option if the common cost pool is to be allocated using a fixed rate. After the Fixed Rate option is selected enter the common cost percentage rate to be used for the allocation in the field to the right of the Fixed Rate field.
Hours Base: If Hours Base was selected you will need to click on the box to the left of the item if it is to be included in the Hours Base.
Salary Base: If Salary Base was selected you will need to click on the box to the left of the item if it is to be included in the Salary Base.
Allocation: Click on the combo box arrow to select the type of allocation base that will be used.
Other Direct Costs: Click this box if the base for common costs is to include any other GL expense codes other than the items available for selection in the hours/salary base above. If this box is checked, all other GL expense codes will be included 100% as a part of the common cost base unless they are excluded (see the following instructions).
Grids To Exclude Classes, Projects, Elements, GL Codes: If you need to exclude any class, project, element, or GL codes from the base, you must indicate the percentage to be excluded in the appropriate grid. These are all exclusions; leaving percentages at 0% will exclude nothing. If you need to include only one or two GL codes as a part of the base, you will need to mark for exclusion at 100% all but the one or two codes you want to include.
