Including premium pay in direct costs

The default setting in Ajera records premium cost The cost amount representing the increase to the employee's pay to reflect pay for hours entered as premium time (such as overtime and double time). For example, an employee’s pay rate is $20 per hour with a premium time markup of 50%. When 1 hour is entered as premium time, the cost for that hour is $30. Ajera tracks this cost as $20 as regular cost and $10 as premium cost. as overhead for financial and project reporting.

You can change this setting and record premium cost as a direct cost for financial and project reporting.

To do this:

1. From the > Setup menu, click Company > Preferences.
2. On the Payroll tab, select the Include premium pay in direct costs check box.
3. Click Close.