Calculating your Company's Precise Costs Has Never Been Easier!

With MyOverhead.com you can set your preferences to your company's requirements. Choose questionnaires, trial balance or lump sum entry forms for operating expenses. Set defaults for employee entries, payment periods, employee pay rates and benefits in yearly, semi-annually, quarterly, monthly, bi-weekly and weekly. Set new employees as active or inactive.

Operating Expenses in questionnaire form are broken down into different categories to make it simple to enter your information quickly and easily. If you have a new business without a previous year to base it from you can easily enter what if numbers into the system. With the credit and debit entry forms you can take your accounting systems trial balance or profit and loss statements and enter your operating expenses into the MyOverhead Calculating System.

With the expense questionnaire we make it easy for your business to know what you have to include in your calculations to properly calculate your operating expense (overhead) rate. This is the area where most business owners have a difficult time trying to figure out what costs should be included in their calculations. With MyOverhead all the guess work has been eliminated for you and your business.

To calculate your business's burden you will need to enter your tax information into our system. You have complete flexibility to enter additional tax burdens your company has to pay on employees. Add in your tax % and also set your companies employee gross limits for specific tax burdens that have cap limits set by federal or state regulations.

In the employee data form you will enter you employees into the MyOverhead system. You can add as many employees as needed. You can also set your employee's as active or inactive and the system will quickly calculate the changes in your costs. If you use temporary help you can set the employees as taxable or tax exempt.

With our system you will be able to open or drill down on each employee. You will be able to set your employee's base pay by yearly, semi-annually, quarterly, monthly, bi-weekly and weekly. You will also be able to enter in all benefits for each employee such as vacation, health insurance, sick days or editable miscellaneous benefits entry sections.

For businesses that have equipment that generates revenue, the MyOverhead system will calculate the equipment like a direct labor employee. Equipment that generates revenue like a direct labor employee should be calculated into your costs. Revenue generating equipment will affect your costs and your break even rate per hour.

In the MyOverhead Calculating System your employees are broken down into two labor groups, indirect and direct. You will be able to choose from a drop down list of employees entered under the employee data section of our system. You will be able to separate direct labor employees if you wish into different divisions, groups or departments with a percentage of costs associated to it.

Your company's workers comp can be applied as a lump sum cost or you can add your workers comp rate under the tax area of our system. Workers comp is broken down by our system as your business burden percentage you have to pay on each employee.

Your Company will be able to see a snapshot view of your costs broken down by the many different sections of your business. From your break even rate per hour, weekly and monthly to your overhead costs per hour or burden % rate. The MyOverhead system will provide you with a detailed list of all your company's costs. With our system, it will allow you to make the informed business decisions necessary for the ever changing future.

With our system your company's break even rate will be revealed to you. Your company will be able to know your exact cost you have to charge for your services, products or goods sold. This will ensure you are charging the correct amount to achieve the highest profits possible for your company.

Your company will be able to see all the costs that make up your business's operating (overhead) costs. You will be able to look up all of your costs by different divisions, groups or departments. The MyOverhead calculating system makes it easy to report to you all your company's costs to do business.

With the MyOverhead system your company's burden rate will be calculated for you. Your company will be able to know your exact cost you have to pay on each employee. This will ensure you are covering all your costs associated with each employee when charging for your services, products or goods sold.

With the MyOverhead system you will be able to see an overall summary of all your costs by divisions, groups or departments. These reports are vital to your company's financial success and can be viewed and information changed as your company changes. Print this report to review your company's overall status and use it to ensure a profitable and successful future.

Use the MyOverhead system to see the amount of sales volume your company has to do with our break even calculator. This calculator was developed so your business can project what it has to do in annual sales to achieve a profitable future. As the economy turns you can make informed business decisions on marketing, sales and advertising saturation needed to achieve the annual sales volume your company requires. This will ensure you reach you revenue goal to push past your break even cost point.

Use our future projection calculator to perform what if scenarios on your company. You will be able to add employees or increase operating (overhead) costs and see how it will affect your overall cost of doing business. This vital tool will show you how to be competitive to your market and show you exactly what size company you have to be to make your company's numbers work in the current or any economic state.

Many companies that we consult do not know how to mark up their services, products or goods sold properly. With the profit multiplier form you will ensure that when you want to make a profit you are marking up your costs using the correct amounts to determine your correct selling price.

There are many helpful calculators in the MyOverhead system that your company can uses to help increase your company's profit. All of these tools were developed for one purpose in mind, to keep your company aware of its costs to ensure survival and a profitable future.