Recalculating WIP Rates and Time Amounts

You can recalculate unbilled WIP records and released time records that have not been posted to WIP. This allows changes to staff billing rates to be applied to unbilled transactions. This procedure recalculates all records for the selected staff within a date range you specify. Additional options allow you to review potential changes before updating the transactions and log any corrections made to WIP.

To recalculate WIP and time transactions, do the following:

1. Open Dashboard, click Application Links on the navigation panel, and then click Recalculate WIP/TE amounts under Administration.
2. Enter the date range to apply the new bill rates to.

Example: You may increase bill rates during the first two weeks of April to accommodate the increase in workload.

3. Select one or both of the transaction types to recalculate:
   • WIP transactions that have not been billed
   • Released time transactions that are not in WIP
4. Select one of the print/update options. Explain the options.

Components	Description
Print register only	Select to print only the register. Note: Transactions are not updated.
Print register and update transactions	Select to print the register and update transactions.
Update transactions without printing register	Select to update transactions without printing the register.
Log corrections on Corrections report	Select to log corrections in the report. This option is only available if you are recalculating WIP transactions and updating transactions.

5. Select the staff that will have their rates recalculated. To select items next to each other, press and hold Shift while clicking the first and last items in the list. To select items that are not next to each other, press and hold Ctrl while clicking each item you want to select.

Note: You can select all staff by right-clicking the grid and clicking Select All.

6. Click Process to recalculate WIP.