Previous | Next | Contents | Index | Navigation | Glossary | Library |
When an employee works overtime on a project, Oracle Projects processes the overtime hours according to the employee's compensation rule. For example, if an employee's compensation rule is Hourly, the employee is eligible for overtime pay; if the employee's compensation rule is Exempt, the employee is not eligible for overtime pay.
You can also use compensation rules in your AutoAccounting rules.
Note: You must define the compensation rules listed in the Fremont example below to use the example Overtime Calculation program provided by Oracle Projects.
Note: If you want to assign a labor cost multiplier to a project's task, you must enter a Project Number and a Task Number in the Defaults for Overtime Entry region.
Entering Pre-Approved Expenditure Batches
Fremont Corporation uses the Oracle Projects Overtime Calculation program to automatically calculate overtime instead of calculating it manually. The following information defines only part of Fremont's compensation rules definition. | |
Compensation Rule | |
Name | Exempt |
Overtime | |
Overtime Expenditure Type | Overtime |
Compensation Rule | |
Name | Hourly |
Overtime | |
Overtime Expenditure Type | Overtime |
Compensation Rule | |
Name | Compensated |
Overtime | |
Overtime Expenditure Type | Overtime |
Previous | Next | Contents | Index | Navigation | Glossary | Library |