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Employee changed from Subcontractor to Employee - rate did not update for project cost

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Posted on by Microsoft Employee

An employee changed from subcontractor to employee and they got a new hourly rate as of 1/1, but there cost on the Project Profitability Report for 1/1-1/31 is still reflecting there rate prior to 1/1.  Why was the rate not updated when calculating the report?

Thanks,

Chuck

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  • Community Member Profile Picture
    Community Member Microsoft Employee on at
    RE: Employee changed from Subcontractor to Employee - rate did not update for project cost

    Mark

    A belated thanks!

    In T&E setup, Cost Labor is on Approval

    Chuck

  • Mark Asmus Profile Picture
    Mark Asmus on at
    RE: Employee changed from Subcontractor to Employee - rate did not update for project cost

    Chuck,

    Here are some things to check on:

    1 - Does the employee's new rate appear on the actual timecard transactions (if you review Transaction Detail Inquiry or Project Transactions report)?   The project profitability report has a lot going on, so would be good to know if it's just with that one report or if the system really did use the old rate

    2 - When was the new rate added?   I assume the effective date was set as 1/1/2015, but did they add that in December or January?   It could be that some time was already entered for January before the new rate was setup.

    3 - In time and expense setup, labor rate setup tab, is "cost labor on entry or approval" set to entry or approval?

    Thanks,

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