Problem: How to allocate labor cost to the Project?

Solution: Use Project Cost Allocation Document as shown.


As Labor Cost are accrued in the system, so they may be related to some project.
1. Create a Project Cost Allocation document (Project Costing > Project Costing Documents > Project Cost Allocations):



 

See more information here 9. Project Costing
2. At Main tab, set Transaction Type as Allocation of Labor Cost:



Set Entity and choose corresponding Payroll Calculation Document as Basis:


Press button Fill by Basis to populate data at Allocation of Labor Costs tab:


Cost are distributed according to Project settings for each Employee:


To allocate Labor Cost to project automatically, add Employees to Project Team:


See more information here 9.1.3.2. Adding a Project. The Project Teams tab
Amount may be edited or Costs may be distributed between different Projects manually with button Spit Row:


See more information here 9.2.2.2.2. Creating a Project Cost Allocation. The Allocation of Labor Costs tab
3. Post Project Cost Allocation document and check related expenses in Project (Project Costing > Master Data > Projects):
Find Project Cost Allocation document at Project Document tab:


Find allocated Labor Costs at Diagrams tab - set period and refresh Diagrams:



See more information here 9.1.3.5. Adding a Project. The Diagrams tab


Thank you for being a FirstBIT customer!

  • No labels