Silverdale Labor Overtime Adjustment Tracking enhances the quoting and timesheet tracking capabilities in Odoo by introducing overtime awareness into job costing and execution.
When companies quote projects, they often estimate based on standard labor rates, unaware of whether the actual work will occur during normal hours, overtime, or double-time. This creates a gap in cost accuracy, as overtime hours are more expensive and can reduce profit margins if not tracked and planned accordingly.
This module bridges that gap by allowing you to:
Quote Using Labor Types
- Break down labor cost estimates into:
- Standard Time (e.g., 10 hours)
- Time and a Half (e.g., 5 hours)
- Double Time (e.g., 2 hours)
- Reflect these breakdowns in your quote templates, making your bids more accurate and transparent.
Track Actuals in Timesheets
- Log timesheet entries by labor type.
- Track what was quoted vs what was actually spent, both in hours and effective cost.
- For example, a job estimated at 10 hours standard could actually cost 12 equivalent hours if some were billed at higher rates (e.g., 2 hours double time = 4 equivalent standard hours).
Analyze and Compare
- Compare planned labor type vs actual across:
- Sales Orders
- Projects
- Invoicing
- Identify budget deviations early and improve future cost estimation accuracy.
Use Cases
- Construction or service businesses that operate across varying schedules.
- Jobs quoted months in advance, where the execution time (weekday vs weekend, day vs night) affects cost unpredictably.
- Any organization that pays different rates based on work time classification.
Enhanced Timesheet Costing With Overtime Multipliers