Generate labor costs for a demand

Generate labor costs to view the expenses of resources using resource assignments and cost plans for a demand.

Before you begin

Role required: it_demand_manager

About this task

When the effort distribution for a resource assignment changes without changing the total planned effort, labor costs are recalculated automatically. The recalculated costs align with the updated effort distribution. For example, consider a resource assignment of 100 hours: 60 hours in January and 40 hours in February. If you swap the efforts to 40 hours in January and 60 hours in February, labor costs are recalculated automatically. January then reflects the cost of 40 hours and February reflects the cost of 60 hours.

Procedure

1. Navigate to Workspaces > Strategic Planning Workspace.
2. Select the Demands icon .
3. Open a demand from the List page.
4. Select Financials from the navigation menu.
5. Select Generate labor costs.
6. Select Generate in the Generate labor costs confirmation window.
   Tip:

   Configure a scheduled job to generate labor costs at the required cadence. For more information, see Activate a scheduled job to generate labor costs.