The scheme below describes what type of Cost Rates are used to calculate the total for each Employee's payroll item. The details you can see in a Payroll Period Cost Rates table.
In addition to it, financial distributions for Employee's Time Cards is also counted on Cost Rates.
Important!
* Please note that each Cost Rate inside FCX has a validity period. This is set in Labor Cost Rate Library Reference.
* The system defines Cost Rates by comparing the time card date and the validity period of Cost Rates.
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