Support for Direct Labor Cost in Gross Margin Reporting

We are now able to support Direct Labor Costs (DLC) from Prism HR in the Gross Margin report calculation. The DLC can now be configured to be deducted from the gross margin report calculation to reduce the overall value and align closer to the profitability measure that looks at a company’s gross profit compared to its revenue or sales. Users can see the direct labor costs as separate rows in the gross margin details.

Please work with the CS or Implementation team to set up DLC in the Gross Margin metric calculation. For more information see Pay & Bill Metrics and Data.

 

 

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