Personnel entries can be designated as either direct labor employees (whose salaries are treated as direct costs), or regular labor employees (whose salaries are treated as overhead). This article explains where to find your direct labor entries in your plan.
Direct labor in the Profit & Loss (P&L)
These two types of salaries appear in different sections of the profit and loss (P&L) report.
If you have direct labor entries in your forecast, they will appear in the Direct Costs section of your P&L. To see the Direct Labor line, you will need to click the triangle icons to expand the table rows, as shown below:
Direct labor in the Revenue Forecast table
As an alternative, you may wish to install the Revenue Forecast, which is an optional table, in your plan. This table breaks out a line item for direct labor, as shown below:
To add this table to your plan, follow these steps:
- In the Plan tab, click Outline. Then, under Available Content, click Tables:
- In the main section of the page, scroll to the chapter of your plan where you'd like the Revenue forecast table to appear. In this example, we're placing it in the Financial Plan chapter. Click the Revenue Forecast block in the sidebar, and drag it to the location where you'd like it to display in your plan:
- Click the View & Edit link now. In the sidebar of the page, navigate to the chapter where you placed the Revenue forecast table to view it:
Note: Salaries are not itemized in your plan financial statements. Instead, they are included in the Direct Cost and Operating Expenses totals.
For more details on personnel entries, see these articles: