| # Project Labor (tppdm6111s000) Use this session to maintain project-specific labor cost objects. These differ from standard labor cost objects in that they can only be used in one project. Use the Standard Labor (tppdm0511m000) session to list standard labor cost objects. A labor cost object represents the human effort required to perform a task. You can copy default values from standard labor cost objects. To do this, enter the code for the standard labor cost object in the Labor field, and then confirm that you want to copy the standard labor data. The rest of the fields on this form are filled in with details taken from the standard labor cost object. Related topics To use project-specific cost objects Currency systems To define currency rates To use home currencies in Project Project The code that uniquely identifies the project. Project The description or name of the code. Project Status of the project. Labor The code that uniquely identifies the cost object. To copy details from a previously defined standard labor cost object, enter the code here and then confirm that you want to copy the standard labor data. The rest of the fields on this form are then filled in with details taken from the standard labor cost object. Description The description or name of the code. Search Key The search key associated with the cost object. Control Code Labor The control code associated with the cost object. Standard labor The control code is a standard cost object. Project labor The control code is a project-specific cost object. Control Code Labor The control code associated with this cost object. S indicates that the control code is a standard cost object. P indicates that the control code is a project-specific cost object Control Code Labor The description or name of the code. Control Function This field indicates the function of the cost object for cost control. Cost Component The cost component associated with the cost object. You can use a cost component to create a cross view in your budget or in your cost control, for cost objects that share particular characteristics. Cost Component The description or name of the code. Reference Activity The reference activity linked to the labor code. Use the Browse arrow to zoom to the Reference Activity (tsacm1101s000) session in LN Service. Note If the reference activity is linked to a new labor code, ERP retrieves the Time Unit, Norm (duration of service) and Cost Rate values from Service. The Time Unit is the duration unit of Service, Norm is the duration of the reference activity and cost amount is the cost amount of the reference activity. The Cost Rate = Cost amount/Norm. You can overwrite the Unit, Norm and Cost Rates values. If the reference activity is linked to an existing labor code, ERP asks you if you want to overwrite the values with the data of the reference activity. You can only link reference activities of the Field Service type or the General type that are not expired. Related topics Integration of Project with Service Reference Activity The description or name of the code. Text If this check box is selected, the current cost object has an associated text that you can access by clicking the Text button. Cost Rate The currency that the cost rate is expressed in. Cost Rate The default cost labor rate, per unit, for this cost object. The budget labor rate search path (as specified in the Project (tppdm6100s000) session determines whether or not this cost rate is used in the budget. Note If the reference activity is linked to a new labor code, ERP retrieves the Time Unit, Norm (duration of service) and Cost Rate values from Service. The Cost Rate = Cost amount/Norm. You can overwrite the value. If the reference activity is linked to an existing labor code, ERP asks you if you want to overwrite the values with the data of the reference activity. Final If this check box is selected, the cost rate is the final rate and cannot be changed by the Global Update of Project Prices and Rates (tppdm6201m000) session. This means that the rate remains stable for costs and budgets that reference it. Cost Rate Transaction Date The last date that the cost rate was changed. If the reference activity is linked to the labor code, the date gets updated to the current date when you update the Cost Rate. in Home Currency If your company uses an independent currency system you can view the rate in a different currency. Related topics Currency systems in Home Currency One of a company's base currencies in which LN registers and reports amounts. In a multicurrency system, up to three home currencies can be defined: The local currency Two reporting currencies in Home Currency The description or name of the code. Sales Rate The currency in which the sales rate is expressed. Sales Rate The sales labor rate, per unit, for the labor code. The budget labor rate search path (as specified in the Project (tppdm6100s000) session) determines whether or not this sales rate is used in the budget. Final If this check box is selected, the sales rate is the final rate and cannot be changed by the Global Update of Project Prices and Rates (tppdm6201m000) session. This means that the rate remains stable for invoices that reference it. Sales Rate Transaction Date The last date that the sales rate was changed. in Home Currency If your company uses an independent currency system you can view the rate in a different currency. Related topics Currency systems in Home Currency One of a company's base currencies in which LN registers and reports amounts. In a multicurrency system, up to three home currencies can be defined: The local currency Two reporting currencies in Home Currency The description or name of the code. Unit The unit in which the cost object is measured. Unit The description or name of the code. Time Unit The unit of time. Note If the reference activity is linked to a new labor code, ERP retrieves the Time Unit, Norm (duration of service) and Cost Rate values from Service. The Time Unit is the duration unit of Service. You can overwrite the value. If the reference activity is linked to an existing labor code, ERP asks you if you want to overwrite the values with the data of the reference activity. Trade Group The trade group associated with this cost object. Description The description or name of the code. Norm The labor norm associated with this cost object. Note If the reference activity is linked to a new labor code, ERP retrieves the Time Unit, Norm (duration of service) and Cost Rate values from Service. The Norm is the duration of the reference activity. You can overwrite the values. If the reference activity is linked to an existing labor code, ERP asks you if you want to overwrite the values with the data of the reference activity. Time Unit The unit of the rate is always a time unit. Derived from The code of the standard labor cost object from which this project-specific cost object is derived. Use the session Standard Labor (tppdm0511m000) to list standard labor cost objects. Description The description or name of the code. Register Progress If this check box is selected, the progress can be entered while the project is in progress. Remark: If the field Register Progress in the Project (tppdm6100s000) session is set to Yes or Variance=Inventory, the progress can be maintained for all cost objects that have the Register Progress check box selected. The way the progress is computed depends on the setting of the field Register Progress for the project and the cost object. Related topics To use progress result Print Project Labor Starts the Print Project Labor (tppdm6411m000) session used to print details of project-specific labor cost objects. |