For salaried employees is it possible to normalize hours over a pay period to accurately get the cost of labor for projects worked during that period?
For example if an employee worked 100 hours in a pay period of that time, 20 hours on project A and 80 hours on project B. The cost would not be hourly wages x hours worked but 20/100 * biweekly salary and 80/100 * biweekly salary.
Thanks,
JSM
Hi Jsm,
Juan is correct and the same logic actually applies in F&O. The HR payroll is completely separate from the charging of hours to a project.
You could of course not use any time recording of hours against projects and just post the payroll/labour costs in a journal to the projects but that presents you with the issue of knowing what projects to charge against as the users are not specifying any projects they are working on.
THe normal set up in F&O is the following:
Post the timesheets or Post hour journals
Dr - Project
Cr - Payroll allocation (Balance sheet account)
Posting Payroll journal.
Dr - Payroll allocation for direct project amounts
Dr - P&L for other labour costs
Cr - Bank
You then need to reconcile the payroll allocation account as part o f the M/End process.
Hope that helps on the ERP side.
Thanks
Mark
Hi,
Project Operations is “Project” centric, and it will collect all costs and profit down by the hour/task/project. You could try filtering reports inside Dynamics or a solution to achieve that, but your ask seems more of what would be done by an ERP or HR application integrated with ProjOps. I believe MS is offering that and will more features with F&O and Dynamics Human Resources.
Antti Any comments?
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