Nancy Church, CPA, of NFP Accounting Help posted an article, The Benefits of Sharing Expenses, about shared overhead expense and exactly how to do it. The benefits of allocating overhead to programs are arguable in view of the recent debunking of the overhead myth, but we shall make that a subject for a future blog. Otherwise this is a very clear step-by-step primer on how to go about it that is within the capability of most accounting software.
Nancy continues to be a great resource for grass-level nonprofit accountants. Check out her site and other blog postings.