PROGRAM FEATURES (Take A Tour)
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Here’s a quick overview of all the features incorporated by The
My Overhead Calculating System:

i. Lump Sum
ii. Trial Balance
iii. Profit & Loss Statement
iv. Questionnaire

i. Tax Name
ii. Tax Rate
iii. Gross Limit

i. Employee Name
ii. Hourly Rate
iii. Hourly Benefits
iv. Employee Status

i. Benefit
ii. Office

i. Access Annual Averages
ii. Access Quarterly Averages
iii. Access Monthly Averages
iv. Compare Current Reports with Previous Reports
v. Track Subtle Changes in Expenditures

i. Make Instant Changes to all your calculations
ii. Show how those changes could affect your company’s future profits

1. Summary Report summarizes all Overheads and Burden
2. History Report is useful for long term comparisons
3. Overhead Report details the summary of all items included in your company’s overheads
4. Burden Report details the summary of all item included in your company’s burden
5. Employee Report lists the wages and benefits for all
employees
6. Detailed Group Report lists the overheads and burden by
division or group
7. Unit Report details your company’s overheads on a per unit
basis
8. Base Rate Report details your overheads, burden, and
average hourly rate to give you base hourly rate.

• Break Even Calculator helps in projecting your minimum work
volume requirements
• Future Projection Calculator explores every aspect of your
overhead scenario - present and future
• Profit Multiplier gives you the proper figure to multiply by for any given percentage of mark up
• Net Profit Calculator lets you know the net profit from your
annual work volume entered
• Base Rate Calculator lets you know the amount necessary per hour to cover all the expenses
• Job Completion Calculator lets you know the number of workers and days required to complete the job

The Help Section acts as a troubleshooter for potential problems you might face in operating The My Overhead Calculating System.

Profit

At its most basic level, profit is defined as the difference between a business' income and its costs. When you evaluate whether a specific project was profitable, you typically look at gross profit. This is the project's revenue minus all of the direct costs related to it, such as personnel costs or any equipment that was required.

However, there are other items that fall into the cost or expense category, which should be included to get a clearer picture of your profitability.

These fixed or indirect costs are the costs associated with doing business and are also known as overhead. They might include rent, utilities, phone, equipment, interest on bank loans, taxes, employee salaries that are not billed to a specific project and staff training.

To determine profit, you must subtract all of your fixed or indirect cost from gross profit.

Cash Flow

Cash flow refers to both the revenue and expenses that flow into and out of a company's cash account. Cash may flow into your business through sales or operations, financing or investing. It may flow out to pay expenses or make investments.

Cash flow is crucial to a business' survival. To be successful, companies must have sufficeient cash on hand to pay employees, vendors and others in a timely manner. They should also have adequate cash available to put back into the business.

To manage your cash flow, you must shorten the length of time it takes to turn your services or product into receivables into cash, while delaying outlays of cash as much as possible.

Overhead

Overhead refers to any business expenses that are necessary for running the business, but do not directly generate revenue. Overhead may include expenses for accounting, advertising, depreciation, insurance, interest, legal fees, labor not directly related to generating income (such as clerical support), rent, supplies, taxes, telephone and utilites.