Labor Costs Report
The Labor Costs Report shows configurable labor cost insights based on payroll data. This analysis can be viewed by period, subsidiary, department, location, and other segments. This report also enables you to generate AI summaries of the data.
To provide maximum flexibility, you can also group the components that you want to include in configurations, and then choose a configuration when you view the report.
This report requires SuitePeople U.S. Payroll.
Access to this report is available to any role that has access to both financials and payroll, such as CFO. To make this report available to custom roles, add the Labor Costs permission at Full.
This report is based on up to two years of paycheck data, if available.
Before using this report, you can define which payroll components should be included in labor cost calculations.
To configure the report:
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Go to Setup > Accounting > Labor Costs Configuration.
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On the Labor Costs Configuration page, to create a new configuration, click New.
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Enter a name for the configuration in the Name field.
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In each of the three categories (Earnings/Wages, Employer Payroll Taxes, and Employer Benefit Contributions, select the payroll elements you want to include. For more information about mappings, see Payroll Mappings to Labor Cost Categories.
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To make this configuration the default, click the Default box.
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When finished, click Save.
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Create or edit other configurations as needed.
To view the report:
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Go to Reports > Financial > Labor Costs Report.
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On the Labor Costs Report page, customize your view in the following ways:
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Select a configuration from the Configuration list.
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Select a date range.
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Use the Column list to filter by class, department, and other segments, by time periods such as week, month, quarter, or year.
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By default, this report shows only data from regularly scheduled payroll runs. To include other types of runs or adjustments, check the Include off-cycle runs and payroll reversals and adjustments box.
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When you click Generate Insight, you see AI insights, with headings Executive Summary, Key Metrics, Key Drivers, and Key Takeaways for Leadership.