Release Date: August 12, 2024
In Planning release 3.74, we have introduced a new feature allowing Admin users to exclude specific Labor Allocation Rules from the fully burdened labor calculation in the Labor tab. This enhancement ensures that these rules will still generate financial line items on the Summary tab but will not affect the FY totals displayed in the Labor tab.
Previously, in Planning release 3.71, we enhanced the budget owner's ability to view the fully burdened labor cost directly in the Expenses > Labor tab when viewing the FY total columns, eliminating the need to navigate to the Expenses > Summary section. For more details, please visit the 3.71 release notes.
To accommodate organizations that prefer not to include certain labor allocation rules in the FY total shown on the Expenses > Labor tab, the following updates are introduced in this release:
Budget owners will now see the fully burdened cost for the fiscal year correctly displayed as the sum of all generated costs from actual periods and the generated costs from forecast periods. Previously, the absence of Labor actuals led to the Fully Burdened Fiscal Year column displaying amounts significantly lower than the Base Compensation amount in Forecast plans. With this fix, actual periods are calculated using the Labor Allocation Rules and included in the fully burdened "Labor Cost" amounts in the Labor tab; however, financials are not generated for historical periods in the Summary tab.