Paid Holidays

[izlopez]

Hi:

I have noticed that when I define a Holiday as a non working day, project
calculate cost, eliminating that day. How may I define a Holiday, that is not
a working day, and task must be posponed, but it a paid day?

Thanks,

Ivette

 

[Mike Glen]

Hi Ivette,

Welcome to this Microsoft Project newsgroup

Project is not an accounting program but a scheduling program. You enter
the data and Project calculates the plan. Costs are based on this plan as a
cost per working hour. No work - no cost. Simple.

The cost rate you enter is not a wage or salary, but the cost to the project
of that resource working, including sickness, training, management
overheads, etc. Holiday pay is part of the total cost of usage, and should
be allowed for in this way.


FAQs, companion products and other useful Project information can be seen at
this web address: http://project.mvps.org/faqs.htm

Hope this helps - please let us know how you get on

Mike Glen
MS Project MVP
See http://tinyurl.com/2xbhc for Project Tutorials

 

[izlopez]

I already checked the faq page and didn't find the answer, but part of your
answer may help me, how do you enter sickness or training days as paid day,
but not working day?

 

[Mike Glen]

You don't You ask your accountants for a cost rate to apply to the
resource and use that. It should include all factors that that are costed
to the project. For example, if you pay your resource £30 per hour, and
the estimated cost of using that resource is to include sickness, training,
holidays, pensions, etc, it could amount to say £15. If you want to add in
a profit, add, say, 10%. Then the rate you enter is £30 wages + £15
overheads = £45 + 10% = £49.50.

Mike Glen
Project MVP

 

[izlopez]

Thank you, after I sent the reply, I realized, I misunderstood your answer.
Thanks for the help anyway

 

[Mike Glen]

You're welcome, Ivette

Mike Glen
MS Project MVP