Who is responsible for performing overhead cost settlement within GFEBS?

The responsibility for performing overhead cost settlement within GFEBS falls to the GFEBS background program. This is due to the program's designed functionality for automating and managing various financial processes within the system, including the complex calculations and allocations associated with overhead costs.

Overhead cost settlement requires sophisticated handling of financial data to ensure accurate reporting and compliance with accounting standards. The GFEBS background program is created to execute these processes in the background autonomously, thus relieving users from the need to manually intervene in or oversee these functions.

The automation provided by the GFEBS background program contributes to efficiency, accuracy, and consistency across financial transactions by ensuring that overhead costs are settled correctly based on predefined parameters and data inputs. Manual roles, such as those performed by Financial Auditors, Order Managers, or Business Analysts, are focused on oversight, analysis, or specific operational tasks rather than the automated processing of overhead costs in the system.