Timesheet Overtime and Auto-Adjust Options Subtask
Use this subtask to set up the controls for overtime-related functions in Costpoint Labor.
You can control the auto-adjust feature for the uncompensated overtime and correcting timesheets features. This subtask also includes general information for controlling overtime for salaried employees and for recasting overtime premiums. Select the appropriate check box to enable a feature. Leave the check box clear to turn the feature off.
Initialize this subtask before entering timesheets.
Overtime Options
Use the selections in this group box to allow overtime for salaried, FLSA Exempt employees and to set the overtime premium recast default pay type.
Field | Description |
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Allow Overtime for Salaried, FLSA Exempt Employees |
Select this check box to pay salaried, FLSA exempt employees for overtime hours worked; otherwise, an error condition exists at timesheet entry if a salaried, FLSA exempt employee charges to a pay type code designated as an overtime pay type (see the documentation for the Manage Pay Types screen). Normally, salaried, FLSA exempt employees do not receive compensated overtime. |
Overtime Premium Recast Default Pay Type |
Use this field to specify a company-wide pay type for recasting overtime premiums. This is the pay type used on the Manage Overtime Premium Recast Charge Codes screen. On the Manage Overtime Premium Recast Charge Codes screen, you can associate the recast amount with a different account/organizations/project. The program runs in a batch-processing mode. The pay type defined in this form is used if a specific pay type has not been set up on the Manage Pay Types screen for the pay type charged on the timesheet line being recast. Note:
Leave this field empty if you are not planning to use the Manage Overtime Premium Recast Charge Codes screen. |
Selective Auto-Adjust
Use the selections in this group box to activate the selective auto-adjusting feature for hourly and salaried employees.
Field | Description |
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Enable for Hourly Employees |
Select this check box to use the auto-adjust feature for hourly employees (in addition to salaried employees). Use the auto-adjust feature for uncompensated overtime. It adjusts the hourly rate and labor cost on all timesheet lines so that the labor cost matches the salary amount. This eliminates any variance for the employee. |
Enable for Salaried Employees |
Select this check box to use the auto-adjust feature for salaried employees. Use the auto-adjust feature for uncompensated overtime. It adjusts the hourly rate and labor cost on all timesheet lines so that the labor cost matches the salary amount. This eliminates any variance for the employee. |
Automatic Auto-Adjust
Use the selections in this group box to enable the automatic auto-adjusting features for hourly and salaried employees.
Field | Description |
---|---|
Enable for Hourly Employees |
Select this check box to automatically auto-adjust every timesheet for hourly employees when timesheets are saved. This automatic feature prevents you from having to click Auto Adjust on the Manage Timesheets screen to auto-adjust a timesheet. Note:
Do not select this check box if you want to auto-adjust each timesheet separately. |
Enable for Salaried Employees |
Select this check box to automatically auto-adjust every timesheet for salaried employees when timesheets are saved. This automatic feature prevents you from having to click Auto Adjust on the Manage Timesheets screen to auto-adjust a timesheet. Note:
Do not select this check box if you want to auto-adjust each timesheet separately. |
Manage Correcting Timesheets and Labor-Only Timesheets
Use these group boxes to control the auto-adjust features on the Manage Correcting Timesheets screen.
Field | Description |
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D-Correcting Timesheet |
Select this check box to allow the auto-adjust of D-Correcting timesheets. |
L-Labor Only Timesheet |
Select this check box to allow the auto-adjust of Labor Only timesheets. |
Selective Auto-Adjust
Use the selections in this group box to enable the selective auto-adjusting feature for hourly and salaried employees.
Field | Description |
---|---|
Enable for Hourly Employees |
Select this check box to use the auto-adjust feature for hourly employees (in addition to salaried employees). Use the auto-adjust feature for uncompensated overtime to adjust the hourly rate and labor cost on all timesheet lines so that the labor cost matches the salary amount. This eliminates any variance for the affected employee. |
Enable for Salaried Employees |
Select this check box to use the auto-adjust feature for salaried employees. Use the auto-adjust feature for uncompensated overtime to adjust the hourly rate and labor cost on all timesheet lines so that the labor cost matches the salary amount. This eliminates any variance for the affected employee. |
Automatic Auto-Adjust
Use the selections in this group box to enable the automatic auto-adjusting features for hourly and salaried employees.
Field | Description |
---|---|
Enable for Hourly Employees |
Select this check box to automatically auto-adjust every timesheet for hourly employees when you save the timesheet. This automatic feature prevents you from having to click Auto Adjust on the Manage Timesheets screen to auto-adjust a timesheet. Note:
Do not select this check box if you want to auto-adjust each timesheet separately. |
Enable for Salaried Employees |
Select this check box to automatically auto-adjust every timesheet for salaried employees when you save the timesheet. This automatic feature prevents you from having to click Auto Adjust on the Manage Timesheets screen to auto-adjust a timesheet. Note:
Do not select this check box if you want to auto-adjust each timesheet separately. |
Auto-Adjust Method for D-Correcting Timesheets
Use the selections in this group box to control the method of auto-adjusting correcting timesheets on the Manage Correcting Timesheets screen.
Field | Description |
---|---|
Individual Timesheets |
Select this option to have the corrected timesheets auto-adjusted individually. |
All Timesheets in TS Period |
Select this option to have the corrected timesheets auto-adjusted collectively, meaning all corrected timesheets for the period are summed for each employee and the total adjusted amount is proportionally spread across all timesheets. |