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Overhead accounting

Learn how to set up, apply and report on overhead costs used for project costing, true labour costing and industry-specific analysis

Updated over 2 months ago

Overheads let you track additional employment-related costs that aren’t part of employee pay, such as payroll tax, workers' compensation, superannuation on-costs, or industry-specific fringes. These entries do not appear on payslips and do not affect employee pay, but they do form part of costing analysis and, where a holding account is assigned, your accounting exports. This guide explains how to configure overhead codes, apply them to employees, and report on them accurately.


What overheads are used for

Overheads represent additional employment costs outside of wages and allowances. Common examples include:

  • Superannuation on-costs

  • Payroll tax

  • Workers’ compensation premiums

  • Industry fringes (e.g. film and television)

  • Project-specific overhead charges

Overheads sit on top of employee earnings to produce the total labour cost for a period or project.


They can be used for internal costing only, or included in accounting exports when mapped to a holding account.


Creating overhead codes

Overhead codes are created in the Codes screen.

To create or edit an overhead code:

  1. Go to Codes

  2. Select the Overheads category

  3. Select an existing code and click Edit, or click + to create a new one

  4. Set:

    • Abbreviation – short code

    • Description – overhead name

    • Calculation – Amount per pay period or Units x Rate

  5. (Optional) Assign a Holding account to include this overhead in cost centre analysis and accounting outputs

  6. Use Calculates on to choose exactly which pay codes the overhead applies to

  7. Click Save

Calculation methods

You can configure overheads to calculate based on:

  • Amount per pay period – fixed cost

  • Units x Rate – most common (percentage or rate-based)

The Calculates on list determines which earnings form the calculation base.


Applying overheads to employees

Overheads must be added to employees through the Payrun screen, either individually or in bulk.

Method 1 — Bulk add (recommended for setup)

Use this if most or all employees need the same overhead.

  1. Go to Payrun

  2. Use Who to pay to tick the employees

  3. Click Import → Bulk add pay entry

  4. Set:

    • Type – select the overhead code

    • Units – any value greater than 0 (units do not matter unless the overhead formula uses them)

    • Rate – the percentage or amount required

    • Cost centre – leave blank to use the employee’s defaults, or select a specific cost centre

  5. Click Save

  6. For each employee, click the Template button so the overhead is saved for future pays

This creates identical overhead transactions to those created manually.

Method 2 — Add individually

Useful for special rates or employees with unique costing.

  1. Go to Payrun

  2. Select the employee under Who to pay

  3. Select the Overheads tab

  4. Click the + button

  5. Select the overhead code

  6. Set any required Rate or Cost centre

  7. Click Save

  8. Use the Template button if the overhead should continue each pay

Both methods create the same overhead transaction, and both appear under the Overheads tab.


Costing behaviour

Overheads follow the same costing rules as other pay transactions:

  • If Spread costs automatically is enabled, the overhead is spread proportionally across the cost centres used in that employee's pay.

  • If not enabled, the overhead is costed entirely to the cost centre selected on the overhead entry.

  • If no cost centre is selected, the employee’s default costing applies.

Overheads do not:

  • affect employee pay

  • display on payslips

  • show in leave or superannuation calculations

Overheads do:

  • appear in overhead/fringe reports

  • appear in cost centre analysis (if a holding account is set)

  • appear in accounting outputs (with a holding account)

  • follow all costing logic to match your chart of accounts


Reporting on overheads

Overheads appear in several reporting locations.

Payrun reports (current payrun)

Access via the Pay reports in the Payrun screen:

  • Overhead / Fringe / Employer schedule – lists overheads for the current pay

  • Pay input summary – includes overhead totals

  • Cost centre analysis – includes overhead totals if holding accounts are assigned

Reports screen (completed pays)

Access via the Reports screen, under the Pays category:

  • Cost centre analysis (batch) – includes overheads in accounting allocation

  • Pay input summary (batch) – includes overhead totals

Code history reports

To review all activity for one overhead code:

  1. Go to Codes

  2. Select Overheads

  3. Select a code

  4. Click Print (bottom of the code list)

This provides:

  • Code history (date range or batch)

  • Code listing (overview of setup)


Best practices

  • Set up all overhead codes before applying them to employees

  • Test with one or two employees first

  • Use Bulk add pay entry for initial setup

  • Use Template after adding overheads so they persist

  • Review Cost centre analysis regularly to confirm allocations

  • Assign a holding account only if you want overheads included in accounting exports

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