Labour Code
The Labour code can be alpha or numeric.
For details on the use of “codes”, see The Role of “Codes” in Online Advantage
Name
Enter text to describe the type of labour rate. This appears on Manufacturing Specifications, Work Orders and Manufacturing reports.
For more details on descriptions, see The Role of “Names & Descriptions” in Online Advantage
Rate per Hour
Enter the hourly rate applicable to this Labour code. This is the cost of the Labour per hour used to calculate the cost to manufacture items based on their specification.
“What-if” Rate per Hour
Enter the hourly ‘what-if’ rate applicable to this labour code in dollars and cents. This rate is used for “what if” analysis. See related topic: What-if Costing Overview for more details.
The percentage of difference between the normal rate and ‘what-if’ rate is calculated and displayed.