The Time Analysis report includes standard hours or amounts in the
Standard column if you select
Display standard hours column on the General tab in the Options dialog box.
How Vision calculates and displays standard hours or amounts for an employee depends on the
Use total hours as standard on Time Analysis option on the Accounting tab of the Employee Info Center.
Calculation of Standard Hours or Amounts
If
Use total hours as standard on Time Analysis is selected, Vision uses the total hours worked to calculate standard hours or the cost of those hours.
If
Use total hours as standard on Time Analysis is not selected, Vision calculates the standard hours or the cost of those hours as follows:
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Current — Vision calculates standard hours for the current accounting period based on the employee's job cost frequency
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Weekly — Hours per day x 5
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Biweekly — Hours per day x 10
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Semi-monthly — Hours per day x 260 [52 weeks x 5 days per week] divided by 24 [two periods per month]
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Monthly — Hours per day x 260 [52 weeks x 5 days per week] divided by 12 [one period per month]
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Month-to-date — Vision calculates standard hours for the month to date as follows: Hours per day x Number of workdays between the first day of the month or the hire date and the date specified in
Calculate STD Hrs as of
on the General tab. Vision increases the number of workdays to the nearest week. For example, if the employee has completed 22 workdays for the current month, Vision increases that to 25 to calculate standard hours for five complete weeks.
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Year-to-date — Vision calculates standard hours for the year to date as follows: Hours per day x Number of workdays between the fiscal year start date or the employee's hire date and the date specified in
Calculate STD Hrs as of on the General tab. Vision increases the number of workdays to the nearest week. For example, if the employee has completed 22 workdays for the current year, Vision increases that to 25 to calculate standard hours for five complete weeks.
Termination Dates and Standard Hours
If the employee has a termination date in the employee record in the Employee Info Center, standard hours stop on that date. For example, if the employee has a termination date of 05/01/2015, the Time Analysis report does not show standard hours for that employee beyond 5/01/2015.
If an employee is terminated and later rehired, you must remove the date from the
Termination Date field in the employee record. If you do not remove the termination date, the Time Analysis report will display incorrect standard hours for that employee.