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Smartly's labour costing feature lets you track employee hours and labour costs by different regions, departments and jobs depending on your business needs. Labour costing shouldn't be hard work. So we've made it easy!
Easily define your costing structure with different departments and jobs to suit your business. Once set up, everything flows straight through to payroll.
Xero integration
Use Xero’s Tracking Categories feature to export hours and amounts related to departments or jobs. Assign departments or job hours and amounts to a defined account code using Xero’s Chart of Accounts.
Labour costing on the go
Update hours and costs easily on the go. In the Smartly app, employees can select the department or job they worked in when submitting their timesheets, so it’s all in one place.
Feature breakdown – what you’ll get from our labour costing
Feature
How It Works
Unique costing for departments and projects
Smartly gives you the flexibility to set up your unique costing structure with departments and jobs to best suit you. Add new projects when they start, and amend or remove them when they change.
Managers can draft, edit and submit costing entries
If you have busy people on the job and you need to quickly get some costing through for a pay run, this feature lets you do just that. Managers can draft, edit and submit timesheets by department or job on behalf of their team.
Allocate regular payments automatically
Do you have some employees that spend most of their time on the same job or department? Avoid manual allocations and create a home department where cost allocations can be set up to go to by default.
Track and report on project hours and costs
Run reports as often as you need to see a breakdown of how much money was spent across your business’s different departments and jobs. The report can easily be exported and breaks each payment down to give you everything you need to know about your labour costs.
How Labour Costing Works
All it takes is four simple steps:
1. Your team uses their Smartly app to add their hours by project
2. You review, approve and run the pay
3. Payments and leave calculations are accurate and automatic
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Based across New Zealand, Sidekick Chartered Accountants is a forward-thinking advisory firm supporting small businesses with their accountancy and business advisory needs. Hear what Ric from Sidekick has to say about how easy payroll is with Smartly, plus the seamless transition and excellent customer support.
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How does Smartly work for your industry?
Retail
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Hospitality
Hospitality payroll can be complex with part-timers, full-timers and contractors. Find out how Smartly makes it easy.
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Professional services
Track hours by job and automate staff payments in Smartly Payroll. Professional services, sorted.
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What is a payroll ledger?It sounds simple enough, but keeping track of wage payments with a payroll ledger will make your business accounting a lot simpler come tax time!
Keen to hear more?
Whether you want to find out more about our features, the benefits of Smartly or our payroll plans - our team of payroll experts are here to help.
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