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Material and Resource Overhead setup for Actual costing

Summary:

Hi Costing Gurus,

We have a requirement from the client for percentage based Resource Overhead and Material overhead for Actual costing .

Below is the Requirement

1.G&A Resource Overhead = 20%

2. Resource Overhead = 10 %

3. Material overhead on Purchase items = 10%

How to achieve the above for Actual costing?

Setups I have performed are:

  1. Define cost elements
  2. Resource rates are defined
  3. Create Cost Scenario and setup overhead rate at plant level 4. Published the Scenario

5. Created a Workorder and completed the Work order, Summited the costing programs to interface the cost to costing and ran create accounting distributions

Only resousource cost is getting accounted . No records for Overheads .

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