Generate labor costs
Generate labor costs in the Financials view for attribute-based resource assignments based on the financial attributes configured in the planning attributes page.
Before you begin
When effort distribution for a resource assignment changes without altering the total planned effort, the system recalculates and generates labor costs to match the updated distribution. For example, if a 100-hour assignment shifts from 60 hours in January and 40 hours in February to 40 hours in January and 60 hours in February, the system adjusts labor costs accordingly. January reflects the cost of 40 hours and February reflects the cost of 60 hours.
Role required: sn_align_ws.spw_financial_user
Procedure
-
Navigate to Workspaces > Portfolio Planning Workspace and select a planning item.
-
Select the Financials tab.
-
Select Generate labor costs ([Omitted image "financials-gen-labor-costs.png"] Alt text: Generate labor costs button.).
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Select Generate on the Generate labor costs confirmation window.
Note: Alternatively, you can activate a scheduled job to automatically create baselines at the required cadence.
---
title: Generate labor costs
description: Generate labor costs in the Financials view for attribute-based resource assignments based on the financial attributes configured in the planning attributes page.
locale: en-US
canonical_url: https://www.servicenow.com/docs/r/australia/it-business-management/portfolio-planning/gen-labor-costs-pp.html
release: australia
product: Portfolio Planning
classification: portfolio-planning
topic_type: task
last_updated: "2026-09-10"
reading_time_minutes: 1
breadcrumb: [Manage financials for planning items, Portfolio Planning, Strategic Portfolio Management]
---
# Generate labor costs
Generate labor costs in the Financials view for attribute-based resource assignments based on the financial attributes configured in the planning attributes page.
## Before you begin
When effort distribution for a resource assignment changes without altering the total planned effort, the system recalculates and generates labor costs to match the updated distribution. For example, if a 100-hour assignment shifts from 60 hours in January and 40 hours in February to 40 hours in January and 60 hours in February, the system adjusts labor costs accordingly. January reflects the cost of 40 hours and February reflects the cost of 60 hours.
Role required: sn\_align\_ws.spw\_financial\_user
## Procedure
1. Navigate to **Workspaces** > **Portfolio Planning Workspace** and select a planning item.
2. Select the **Financials** tab.
3. Select **Generate labor costs** \(\[Omitted image "financials-gen-labor-costs.png"\] Alt text: Generate labor costs button.\).
4. Select **Generate** on the Generate labor costs confirmation window.
**Note:** Alternatively, you can [activate a scheduled job](https://raw.githubusercontent.com/ServiceNow/ServiceNowDocs/australia/markdown/australia/it-business-management/scenario-planning-in-spw/labor-cost-scheduler-job-spw.md) to automatically create baselines at the required cadence.
| title | Generate labor costs |
| description | Generate labor costs in the Financials view for attribute-based resource assignments based on the financial attributes configured in the planning attributes page. |
| locale | en-US |
| canonical_url | https://www.servicenow.com/docs/r/australia/it-business-management/portfolio-planning/gen-labor-costs-pp.html |
| release | australia |
| product | Portfolio Planning |
| classification | portfolio-planning |
| topic_type | task |
| last_updated | 2026-09-10 |
| reading_time_minutes | 1 |
| breadcrumb | Manage financials for planning itemsPortfolio PlanningStrategic Portfolio Management |