Creating Labor Expense Types

You can create multiple Labor Expense Types (LETs) based on your business needs. The LETs you create are associated with a finance expense category (Capital Expense or Operational Expense). Project Managers can use these LETs to label project activities. For example, you can create an LET called Training, and associate it with the finance expense category Operational Expense. Project Managers can mark activities that relate to training expenses under the LET Training.

To create Labor Expense Types (LETs):

1. Click the Finance tab.
2. Click the Labor Expense Types link. The Labor Expense Type List screen is displayed.
3. Click the Create a New Expense Type button. The Create Labor Expense Type screen is displayed.
4. Enter a name for the LET
5. Select an expense category from the drop-down list.
6. Click Add to add a new LET.

See Also

Managing Labor Expense Types

Editing Labor Expense Types