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how to update the Labor Cost and Standard Rates on our SRP module

Hi Support community! We currently have a client that needs assistance/guidance on updating their labor costs and standard rates in Service Resource planing. Primary concern of client is:

"If we update the employee record's labor cost and rates effective beginning of the month, it will change the PS margin/profitability for the existing projects in Netsuite ; and could potentially have an impact on rev-rec."

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Quarter 2 (Apr-Jun 2024)

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