Date printed: 11-23-2017   Last updated: 02-19-2014

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Applies to versions: 2.0, 2.1, 2.2, 2.3, 2.4, 2.5



IPSBRD - Burdened Rate



This Burdened Rate Module provides the ability to create and manage burdened rate which can be configured for each type of pay, for each employee, based on hours worked.

This is ideal for temporary labor where the burdened rate for an employee is calculated based on the employee's pay rate, but varies both by the type of pay (standard time, overtime, double time, sick, vacation, holiday, etc.) and by the total hours worked (520 hours, 1,000 hours, etc.).

 

Burdened Rate Features:

Also allows configuring cost allocations per employee and per-job cost allocation overrides. Cost allocations allow reporting to designate an employee's worked time as belonging to multiple accounts, customers, projects, etc. Add as many allocations as needed, with codes and amounts for each.

Cost Allocation Features:

 

Note: Requires TimeIPS Version 1.8.62 or later

 

 

 

Find more details at the following links:

  • IPSBRD - Burdened Rate Module™
  • IPSBRD - PDF DataSheet 
  • Duplicate Row and Dynamic Job Allocation Mapping


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