How to set up labor expense calculations:
To establish how you will track your labor expenses, select the Settings tab and then select the Cost Options tab.
Once you have selected the Cost Options tab, scroll down to the Hourly Labor Costing Methods section.
You will have three different methods in which you can allocate labor expenses.
- Use Scheduled Hours/Cost: This method will pull hours and cost from the schedule in CheddrSuite.
- Use CheddrSuite Timeclock: This method is the most accurate and uses timecard information to calculate actual hours worked.
- None: This method does not use any shift or timeclock data. The user will have to add labor costs through the daily logs, fixed costs, and salaries.