---
sourceDocument: Australia Strategic Portfolio Management
sourceDocumentLink: https://www.servicenow.com/docs/r/it-business-management

 Release :

    - australia

ft:locale :

    - en-US

ft:publication_title :

    - Australia Strategic Portfolio Management

ft:clusterId :

    - itbm

bundleId :

    - itbm

workflow :

    - Technology


---

# Generate labor costs

# Generate labor costs {#ariaid-title1}

* Release version: Australia
* 
* Updated March 12, 2026
* 
* ![](https://www.servicenow.com/docs/portal-asset/ico-clock) 1 minute to read

Generate labor costs in the Financials view for attribute-based resource assignments based on the financial attributes configured in the planning attributes page.

## Before you begin

When the distribution of effort for a resource assignment is adjusted without changing the total planned effort,
the
system recalculates labor costs. These costs align with the updated effort distribution. For example, consider a resource assignment of 100 hours distributed as 60 hours in January and 40 hours in
February. Now if you swap the
efforts to make 40 hours in January and 60 hours in February. Now the system automatically adjusts the labor costs so that January reflects the cost of 40 hours and February reflects the cost
of
60 hours. This verifies that costs accurately correspond to the revised effort distribution.

Role required: it_project_manager

## Procedure

1. Navigate to WorkspacesProject Workspace and open a project.
2. Select Financials from the left menu.
3. Select Generate labor costs (![Generate labor costs button.]()).
4. Select Generate on the Generate labor costs confirmation window.  
   Note:  
   Alternatively, you can [activate a scheduled job](https://www.servicenow.com/docs/i~B4tNYAdBcqube674uhGg "Activate scheduled jobs to automatically generate labor costs for attribute-based resource assignments.") to automatically create baselines at the required cadence.
{#gen-labor-costs-prj-wrkspc__steps_z4y_cs4_cyb}

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