
Labor Redistribution Form1
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People also ask
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What is labor redistribution?
The Labor Redistribution (LR) process is used to correct all fund, organization, account and program code errors for labor charged in the current fiscal year.
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What is Oracle labor distribution?
Oracle® Labor Distribution is a comprehensive labor costing solution and allows you to flexibly distribute the payroll expenses to Oracle General Ledger, Oracle Projects and Oracle Grants Accounting.
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What is labor distribution?
Labor distribution typically refers to the pre-planned allocation of an individual's salary and associated effort.
-
What is labor redistribution?
The Labor Redistribution (LR) process is used to correct all fund, organization, account and program code errors for labor charged in the current fiscal year.
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What is a distribution in payroll?
Distributions are used to pay business owners their share of their business's profits and earnings. You might be taking a distribution and not even realizing it, instead referring to it as your pay or salary.
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What is a labor distribution cost record?
A labor distribution system accurately documents direct and indirect labor hours and costs by employee, by cost objectives or contracts, and by indirect accounts. Labor distribution records reconcile to payroll and timesheet data, and to job cost and general ledgers.
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