Labor Tab of Opportunities Service Estimates Mode

Use the Labor tab to enter labor-related details for the estimate.

Contents

This tab is available if your firm purchased the Deltek CRM Professional application and the Enable Service Estimate option is selected on the Service Estimate tab in Settings > Opportunity Settings.

Field Description
Description Enter a description for the labor category.
Generic Resources Select the generic resource for a given row in the labor estimate.
Planned Hours Enter the planned hours for the labor category. This should be the number of hours that you estimate as necessary to complete work on the element.
Cost Rate Cost rates represent your company's cost to produce a service. The default cost rate displayed in this field is taken from the cost table referenced in the Cost field. Deltek recalculates this rate if you override this default.
Planned Cost This field displays the planned cost amount for the current labor category. To calculate the planned cost amount, Deltek multiplies the planned hours by the cost rate for the current line item.
Billing Rate Billing rates represent what the client will pay for the services your firm provides. The default billing rate displayed in this field is taken from the billing table referenced in the Billing field. Deltek recalculates this rate if you override this default.
Planned Bill This field displays the planned billing amount for the current labor category. To calculate the planned billing amount, Deltek multiplies the planned hours by the billing rate for the current line item.