Labor Rates/Standards

Yahoo Archive
1
We leave the operation rates blank and fill in all the employee rates with
one of our average rates based on function of the employee. If I remember
right, the operation will override the employee rate, and we wanted the
employee rate to be used, which required the operation rate to be blank.
I'm not sure what would happen if both the employee rate and the operation
rate were at zero. The burden rates come in from the workcenter information.
You should probably get the hierarchy information from Epicor to be sure I
am remembering right.
Nora Story
Spectra Technologies

> -----Original Message-----
> From: Aaron Hoyt [mailto:aaron@...]
>
> Subject: RE: [Vantage] Labor Rates/Standards
>
>
> Ok, thank you very much for the advice there. Now the next part of the
> question is, how necessary is this information being added? Does costing
> look at the workcenter info first? Does it default to some other
> number if
> this information is missing?
> Forgive me, but around here there is often the question asked..."Can we
> avoid entering that data? What are the ramifications of skipping
> it?" I am
> a data freak (if the field is there I want to fill it in), but I
> seem to be
> the only one in the company.
> Thanks for any additional information you can offer.
>
> Aaron Hoyt
> Design Standards
2
Two part question on procedure.
We are on 5.0, using data collection and Payroll. First in Payroll, under
the employee information there is a section for "active shop employee" and a
labor rate associate. Part one, should that rate reflect the rate of pay
for the individual, or more like an average rate that we bill out for the
labor that employee performs? If the question seems unclear, please ask me
to expand on it.
Part two... Well, in further research, part two is not a big issue at this
moment, so we will leave it at part one. :)
Any input or advice would be appreciated.

Aaron Hoyt
Information Systems Manager
Design Standards Corp.
PO Box 1620
Charlestown, NH 03603
3
I have noticed a lot of discussion about going to 5.1 from 5.0 and then to
5.2. Does anyone have a reason that you cannot upgrade from 5.0 directly to
5.2?

Edward F. Fox, Jr., CPA
Controller
Maxson Automatic Machinery Company
Phone: 401-596-0162 x110
Fax: 401-596-1050
www.maxsonautomatic.com



[Non-text portions of this message have been removed]
4
I just answered my own question. For anyone else that is interested here is
a snippet from the upgrade guide:

Welcome to the Vantage Version 5.10 to 5.20 Upgrade Guide! This guide tells
you everything

you need to know about upgrading your current Vantage 5.10 software to the
latest Vantage

release, version 5.20. This upgrade guide does not, however, contain
detailed information

regarding the operation of Vantage. All the information you will need to
effectively use Vantage

once it has been installed is contained in Vantage's on-line help system.

Note: You cannot upgrade directly from Vantage 5.00 (or any other previous
version) to Vantage

5.20. If you currently use a 5.00 or lower database, you must first upgrade
to Vantage 5.10, and

then use this installation guide to upgrade to Vantage 5.20.


Edward F. Fox, Jr., CPA
Controller
Maxson Automatic Machinery Company
Phone: 401-596-0162 x110
Fax: 401-596-1050
www.maxsonautomatic.com
-----Original Message-----
From: Edward F. Fox, Jr. [mailto:efox@...]
Sent: Tuesday, July 30, 2002 2:51 PM
To: vantage@yahoogroups.com
Subject: [Vantage] [OT] Conversion from 5.0 to 5.2


I have noticed a lot of discussion about going to 5.1 from 5.0 and then to
5.2. Does anyone have a reason that you cannot upgrade from 5.0 directly
to
5.2?

Edward F. Fox, Jr., CPA
Controller
Maxson Automatic Machinery Company
Phone: 401-596-0162 x110
Fax: 401-596-1050
www.maxsonautomatic.com



[Non-text portions of this message have been removed]
5
We chose not to use actual rates in that spot because any rocket scientist
with a calculator can figure out an employee's labor rate from information
in job tracker or production detail, etc. We use average labor rates based
on employee's function.
Nora Story

> -----Original Message-----
> From: Aaron Hoyt [mailto:aaron@...]
> Sent: Tuesday, July 30, 2002 1:43 PM
> To: 'Vantage E-Group (E-mail) ' (E-mail)
> Subject: [Vantage] Labor Rates/Standards
>
>
> Two part question on procedure.
> We are on 5.0, using data collection and Payroll. First in Payroll, under
> the employee information there is a section for "active shop
> employee" and a
> labor rate associate. Part one, should that rate reflect the rate of pay
> for the individual, or more like an average rate that we bill out for the
> labor that employee performs? If the question seems unclear,
> please ask me
> to expand on it.
> Part two... Well, in further research, part two is not a big issue at this
> moment, so we will leave it at part one. :)
> Any input or advice would be appreciated.
>
> Aaron Hoyt
> Information Systems Manager
> Design Standards Corp.
> PO Box 1620
> Charlestown, NH 03603
>
6
Ditto. This is the Labor figure used for inventory costing purposes - so we
prefer the loaded rate rather than the actual $/hour.

Deb Wilmoth
Controller
Reeder & Kline Machine Company, Inc.
Vantage 5.0


-----Original Message-----
From: Nora Story [mailto:Nora_Story@...]
Sent: Tuesday, July 30, 2002 2:29 PM
To: vantage@yahoogroups.com
Subject: RE: [Vantage] Labor Rates/Standards


We chose not to use actual rates in that spot because any rocket scientist
with a calculator can figure out an employee's labor rate from information
in job tracker or production detail, etc. We use average labor rates based
on employee's function.
Nora Story

> -----Original Message-----
> From: Aaron Hoyt [mailto:aaron@...]
> Sent: Tuesday, July 30, 2002 1:43 PM
> To: 'Vantage E-Group (E-mail) ' (E-mail)
> Subject: [Vantage] Labor Rates/Standards
>
>
> Two part question on procedure.
> We are on 5.0, using data collection and Payroll. First in Payroll, under
> the employee information there is a section for "active shop
> employee" and a
> labor rate associate. Part one, should that rate reflect the rate of pay
> for the individual, or more like an average rate that we bill out for the
> labor that employee performs? If the question seems unclear,
> please ask me
> to expand on it.
> Part two... Well, in further research, part two is not a big issue at this
> moment, so we will leave it at part one. :)
> Any input or advice would be appreciated.
>
> Aaron Hoyt
> Information Systems Manager
> Design Standards Corp.
> PO Box 1620
> Charlestown, NH 03603
>



Useful links for the Yahoo!Groups Vantage Board are: ( Note: You must have
already linked your email address to a yahoo id to enable access. )
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[Non-text portions of this message have been removed]
7
Ok, thank you very much for the advice there. Now the next part of the
question is, how necessary is this information being added? Does costing
look at the workcenter info first? Does it default to some other number if
this information is missing?
Forgive me, but around here there is often the question asked..."Can we
avoid entering that data? What are the ramifications of skipping it?" I am
a data freak (if the field is there I want to fill it in), but I seem to be
the only one in the company.
Thanks for any additional information you can offer.

Aaron Hoyt
Design Standards

-----Original Message-----
From: Wilmoth, Deb [mailto:Deb@...]
Sent: Tuesday, July 30, 2002 3:33 PM
To: 'vantage@yahoogroups.com'
Subject: RE: [Vantage] Labor Rates/Standards


Ditto. This is the Labor figure used for inventory costing purposes - so we
prefer the loaded rate rather than the actual $/hour.

Deb Wilmoth
Controller
Reeder & Kline Machine Company, Inc.
Vantage 5.0


-----Original Message-----
From: Nora Story [mailto:Nora_Story@...]
Sent: Tuesday, July 30, 2002 2:29 PM
To: vantage@yahoogroups.com
Subject: RE: [Vantage] Labor Rates/Standards


We chose not to use actual rates in that spot because any rocket scientist
with a calculator can figure out an employee's labor rate from information
in job tracker or production detail, etc. We use average labor rates based
on employee's function.
Nora Story

> -----Original Message-----
> From: Aaron Hoyt [mailto:aaron@...]
> Sent: Tuesday, July 30, 2002 1:43 PM
> To: 'Vantage E-Group (E-mail) ' (E-mail)
> Subject: [Vantage] Labor Rates/Standards
>
>
> Two part question on procedure.
> We are on 5.0, using data collection and Payroll. First in Payroll, under
> the employee information there is a section for "active shop
> employee" and a
> labor rate associate. Part one, should that rate reflect the rate of pay
> for the individual, or more like an average rate that we bill out for the
> labor that employee performs? If the question seems unclear,
> please ask me
> to expand on it.
> Part two... Well, in further research, part two is not a big issue at this
> moment, so we will leave it at part one. :)
> Any input or advice would be appreciated.
>
> Aaron Hoyt
> Information Systems Manager
> Design Standards Corp.
> PO Box 1620
> Charlestown, NH 03603
>



Useful links for the Yahoo!Groups Vantage Board are: ( Note: You must have
already linked your email address to a yahoo id to enable access. )
(1) To access the Files Section of our Yahoo!Group for Report Builder and
Crystal Reports and other 'goodies', please goto:
http://groups.yahoo.com/group/vantage/files/.
(2) To search through old msg's goto:
http://groups.yahoo.com/group/vantage/messages
(3) To view links to Vendors that provide Vantage services goto:
http://groups.yahoo.com/group/vantage/links

Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/



[Non-text portions of this message have been removed]



Useful links for the Yahoo!Groups Vantage Board are: ( Note: You must have
already linked your email address to a yahoo id to enable access. )
(1) To access the Files Section of our Yahoo!Group for Report Builder and
Crystal Reports and other 'goodies', please goto:
http://groups.yahoo.com/group/vantage/files/.
(2) To search through old msg's goto:
http://groups.yahoo.com/group/vantage/messages
(3) To view links to Vendors that provide Vantage services goto:
http://groups.yahoo.com/group/vantage/links

Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/