Surcharges

Use a surcharge model to add surcharges to budget lines. Optionally, post these surcharges when the lines they apply to are posted.

Surcharges are applied based on Project cost types in the project budget line and project planning line, and are added as an extra Surcharge line when calculated.

Steps - Create a project surcharge code

1. Choose the   icon (Alt+Q) and type Project Surcharge Codes.

2. In the list, add or update the following fields:

   Field	Description
   Code	Specify a code for the surcharge code.
   Description	Specify a description for the surcharge code.
   Project Cost Type Code	The surcharge is calculated on all project budget lines or project ledger entries with the selected project cost type code.
   Surcharge Account	Select a G/L account to which the surcharge must be posted.

Note
Posting also requires a Surcharge Offset Account, which is set in the General Posting Setup.

Steps - Create a project surcharge model

1. Choose the   icon (Alt+Q) and type Project Surcharge Model.

2. Click +New in the ribbon to open a new page.

3. Complete the following fields:

   General:

   Field	Description
   Code	Specify a code for the surcharge model.
   Description	Specify a description for the surcharge model.
   Status	Open or Released. Surcharge models can only be edited in the Open state and are only applied in the Released state.
   Application Method	Select one of two methods: Amounts and Percentages: the detailed model lines are shown in the budget lines and/or posted as project ledger entries. Subtotals: only the lines with type Subtotal are shown in the budget lines and/or posted as project ledger entries.

   Lines:

   Field	Description
   Line No.	Specify a line number. Each line must have its own number, which is used for filtering the lines for a subtotal type line.
   Surcharge Code	Select a surcharge code.
   Description	Copied from the surcharge code.
   Type	Select one of three options: Fixed Amount: defines the Value field as a fixed amount. Percentage: defines the Value field as a percentage. Subtotal: requires the Line No. Filter to be specified.
   Line No. Filter	When the type is Subtotal, specify the line numbers to sum as a filter.
   Value	When the type is Fixed Amount, the amount of the surcharge. When Percentage, the percentage to apply as a surcharge. In both cases, a new project budget line is created with either the fixed amount or the calculated percentage amount. Only lines of the type Percentage can be posted to the G/L. Fixed amounts are for calculation only.
   %	Set to % when the type is Percentage.
   Project Cost Type Code	Copied from the surcharge code. The percentage is applied to all lines with this project cost type code.
   Post to G/L	When selected, surcharges are applied to project ledger entries and posted to the G/L account specified in the surcharge code.

The surcharge model is status-controlled and must be Released to allow selection. You can add a surcharge model to base templates and master templates.