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English to English translations [Non-PRO]
Tech/Engineering - Human Resources / Timesheets | | English term or phrase: overhead code | Kim is a junior engineer. He is doing his timesheet for the week. He needs to record time spent on a task for a reimbursable project that only took him three hours. The week before he undertook the same task for another client, but as it was the first time that he had done such a task, it took him five hours. Last week he put down five hours and that seemed fine by his supervisor Dmitri. He is unsure whether to put down five hours or three hours for the work done this week. He puts off making a decision and turns to another aspect of his timesheet.
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. |
| | | code used to allocate an overhead | Explanation:
It's a code used in their book-keeping system in order to allocate expense to certain categories; here, it is one of the 'overhead' categories (i.e. fixed 'background' costs that are incurred regardless of the amount of business you do.
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... |
| Selected response from:
 Tony M
France
Local time: 03:09
| Grading comment | 4 KudoZ points were awarded for this answer |
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| Discussion entries: 0 |
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Automatic update in 00:
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45 mins confidence:   peer agreement (net): +4 code used to allocate an overhead
Explanation:
It's a code used in their book-keeping system in order to allocate expense to certain categories; here, it is one of the 'overhead' categories (i.e. fixed 'background' costs that are incurred regardless of the amount of business you do.
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...
| Tony M
France
Local time: 03:09
Native speaker of:  English
PRO pts in category: 42
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| | Notes to answerer
Asker: Thanks. That helps. I know what overhead means, it's just the whole "code" system I was not familiar with. Thanks again.
Asker: Sorry Tony, my bad! Thanks again.
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The translation workplace 
