How To Calculate Labor Cost: A Step By Step Guide

Dividing the 24,700 dollars payroll cost by the new hours worked, we get a 12.60 dollars actual hourly labor cost. This unique component of the Sling software allows you to keep track of your labor budget and receive alerts when you’re about to exceed those numbers. This will help…

0 Comments

Project Accounting for Financial Success: Step-by-Step Guide

Setting a clearly defined scope, seeing the big picture, and being able to break down all the numbers real-time, helps project managers avoid unexpected scope creep. In fact, for project accountants, it’s the most responsible period, where their skills come in especially handy to maintain the financial health of…

0 Comments