Normally, costs associated with cost-only pay types (pay types, such as excess life insurance reimbursement or a car allowance, that are not related to hours worked) and hours and costs associated with bonus timesheets are not included in the calculation of labor utilization rates. However, if your firm wants to include either or both of those, use the options under Include in Labor Utilization to do so.
These settings apply to the detailed Labor Utilization Analytics in Costpoint Analytics – Employee and to the summary Labor Utilization Analytics in Costpoint Analytics – Summary.
These settings do not affect the calculation and display of budget values. They only affect actual hours and amounts. Costpoint Analytics assumes that you do not include budgets for bonuses or cost-only pay types in your labor budgets.
To include costs associated with cost-only pay types, hours and costs associated with bonus timesheets, or both, in the calculation of labor utilization rates, complete the following steps:
To include costs associated with cost-only pay types, click Cost Only Pay Types to display the options, and select Yes.
To include hours and costs associated with bonus timesheets, click Bonus Timesheets to display the options, and select Yes.
Normally, you do not change these settings after the initial configuration. However, you can change these settings at any time.