This presentation will review our use of Subledger Accounting to separate raw and burden costs in the General Ledger while implementing Total Burdened Costing in the Projects subledger to accommodate cost forecasting requirements. This presentation will include an example of results and the required configuration within Subledger Accounting to accomplish for one type of raw cost.
Explain the need for implementing total burdened costing when you are accounting for raw and burden separately and want to burden your forecast
Provide an example of the results specific to raw labor costs
Provide example configurations required to accomplish for raw labor costs