Turning on effective cost

Before you begin

  • Complete the payroll cycle, including time before the start date for effective cost.
  • Complete the billing cycle.

To turn on effective cost

Step 1: Turn on effective cost in company preferences

  1. From the > Setup menu, click Company > Preferences.

  2. From the Company menu, click Preferences.

  3. On the Payroll tab, select the Use effective cost check box and enter a start date for effective cost. Ajera uses only the hours entered after this date to calculate effective cost and locks down the timesheets when you process payroll. You cannot pay or reconcile unpaid hours entered before this date.

  4. Click Close.

Step 2: Turn on effective cost in the billing rate tables

  1. From the > Setup menu, click General > Billing Rate Tables.
  2. Click the billing rate table you want to use effective cost, and click Edit.
  3. On the Labor tab, select the Use effective cost check box.
  4. Click Close.

Step 3: Use effective cost.