s_amrutkar7
29th November 2008, 11:37
Dear all,
What are factors required to arrive(calculate) labor rates.
only direct labor involved or all indirect cost associated during manufacturing.
Pls guide me.
Regards,
Sandip
mmurphy2650
1st December 2008, 17:03
Sandip,
To process Direct Labor against a Production Order, you need to setup the following Master Data in the People package:
- Labor Rate Codes and associate a Labor Rate (such as $14.00/hr) to each Labor Rate Code
- Labor Types, such as REG for Regular, OVT for Overtime, DBL for Double Time
- Working Time Schedule Codes, such as 001 - First Shift and their associated Start/Stop Times and Labor Types
- Then setup your Employee - General with each employee's Labor Rate Code and Employee - People with each employee's Working Time Schedule Code
Now you can process Direct Labor (Production Order Hours) using the standard LN Production Order Hours session or a third party Time and Attendance / Labor Reporting package ... we use RMCtime from Crossroads/RMC.
Hope this helps ...
Mike