Time Cost and Unit Fields

Field Name

Definition

Unit Fields

  • The Unit fields allow you to enter how much of the resource was used, whether it is the number of hours, feet, etc. By documenting resource quantities, you will be able to accurately reorder resources and calculate your expenditures.
  • There are three available unit fields for employees: Normal Units, Regular Units, and Overtime Units. These appear from left to right in the grid below. The costs and unit costs for each of these three unit types are calculated separately. In most cases, only one of these units/costs fields are used for a single resource; however, it is permissible to use all of them for a single resource if desired.
  • The Normal field allows you to enter any hour type including regular time, overtime, holiday hours, vacation hours, or any other type of specialty hours. If you enter data in the Normal field, the Time Cost field will be enabled.

Time Cost

The Time Cost field allows you to specify if the specialty hours (in the Norm field) were billed as regular or overtime.

Unit Cost

The Unit Cost field is automatically populated with data from the Default Cost field. If the Default Cost field doesn't contain data, then you can manually enter a unit cost in this field.

Total Cost

The Total Cost field calculates the total cost of the resource used.

Costing

In This Section

Unit Cost Calculations

Total Cost Calculations

Examples of How to Manipulate Costs

Disable Unit Costs