Cost/Revenue Rules

Cost/revenue rules are used to automatically calculate labour costs and labour revenue for a portfolio entity based on forecast and actual effort. The calculation of revenue is designed to cater for organisations where resource effort is billable.

If cost rules are not defined, forecast and actual labour costs will need to be entered manually or sourced from another system via an interface.

• Cost/revenue rules are created from the Cost/Revenue Rules Dashboard 

• The dashboard can be accessed from the Administration Workbench. From the menu, select Admin Center under the Administration section.

• From the administration workbench, select Cost/Revenue Rules from the Time and Finance section.

• Click on the '+' icon labelled 'Cost/Revenue Rule' to the top right of the dashboard. 

• The Cost/Revenue Rule Details page is displayed. From here details of the rule can be entered.

• Cost categories are maintained as a managed list

• Managed lists can be accessed from the Administration Workbench. From the menu, select Admin Center under the Administration section.

• From the administration workbench, select Manage LIsts from the Master Data section.

• Identify and click on the managed list CORE - Cost Category

• Refer to Managed Lists for further details about editing the list.