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Home Costing vs Pay Run Costing
Home Costing relates to the employee's default Cost Allocation. This is set on the Employee Details page and is mandatory for every employee. This costing is used by default by Pay Packets if components are not costed elsewhere.
All levels of the Cost Structure are available for your reports; Company, Division, Cost Centre and Department etc. If required, please refer to the article on Changing an Employee's Home Costing.
'Home Cost Box' vs 'Net Home Cost Box'
The Home Cost Box columns relate to the employee Cost Allocation set up on the Employee Details page.
Today Net Home Costing serves the same purpose as Home Costing. In exceptional circumstances in the past this may have been different, but this functionality is no longer used.
'Home Costing' vs 'Pay Run Costing'
Pay Run Costing relates to any one-off costing done within the pay packet / timesheet in order to allocate funds away from the default home costing.
Both Home Costing and Pay Run Costing can be reported upon by selecting the required fields from the Costing entity.
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