Managing Labor Expense Allocation Periods
The labor expense allocation periods track the labor expense allocation posted to a GL period. The labor expense allocations are tracked by date range and posting period.
To create a labor expense allocation period:
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Open the Labor Expense Allocation Period page:
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If you are using Employee Pay Transactions, go to Expense Management > Allocate Using Employee Pay Transactions > Manage Labor Expense Allocations Periods > New.
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If you are using Employee Rates, go to Expense Management > Allocate Using Employee Rates > Manage Labor Expense Allocations Periods > New.
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In the Start Date field, specify the start date of the labor expense allocation period.
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In the End Date field, specify the end date of the labor expense allocation period.
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From the Posting Period list, select the accounting period for recording the labor expense allocation.
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From the Frequency list, select the frequency of pay.
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Click Save.