Glossary entry (derived from question below)
English term or phrase:
overhead code
English answer:
code used to allocate an overhead
English term
United Arab Emirates
It's not just a job...
Native in: Arabic (Variant: Egyptian) 
Works in: English to Arabic, Arabic to English
overhead code
He tries to enter four hours work to an overhead code, but receives a message saying that the overhead code is closed. He feels frustrated because he is sure Dmitri told him that there would be a code to which he could record his work and that this was the right code.
| 3 +4 | code used to allocate an overhead |
Tony M
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PRO (2): Tony M, Martin Riordan
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Responses
code used to allocate an overhead
So the rent of your restaurant ia an 'overhead', as it is a fixed charge you will have to pay, whether or not you get any customers.
While 'sacks of potatoes' would be a direct 'variable' cost, as the number you buy will be directly dependent on the number of customers you get.
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Note added at 1 hr (2011-03-04 09:10:08 GMT)
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OK, it would help if you explained a bit more clearly in your question which bits you do or don't understand.
Try looking up "nominal ledger code", I feel sure that should throw up some proper explanations to help you...
| Thanks. That helps. I know what overhead means, it's just the whole "code" system I was not familiar with. Thanks again. |
| Sorry Tony, my bad! Thanks again. |
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