Revenue Data

Arethere any exceptions? • Your firm will havethe chance to define rules for who is a timekeeper in a financial year to handle your exceptions. For example, your firm might have a rule that the associates are not considered timekeepers in their first two periods after joining the firm while they go through training.

Timekeeper Assignments and FTEs

Each timekeeper should have an FTE greater than zero in any period where they will receive cost allocations (depending on the allocation rules).

Your firm will use the table below to describe the handling of assignments and FTEs within your profit module implementation:

Item Details

Sourceof the HR Data? • What is the system of record for Office, Department, Team, and Title assignments? Is it Payroll, the PMS, or a spreadsheet? • What is the system of record for FTE values? Is it Payroll, the PMS, or a spreadsheet? • The ideal source for all these values would be the PMS Granularity of the HR data • For each timekeeper and period combination, we should track the following: o Office, Department, Team, and Title (this is called assignment) o FTE • Does the system of record providethe sameTitles as defined in the previous section, or will there be a mapping/translation required?

Non-Timekeepers • It is highly recommended to keepboth timekeepers and non-timekeepers in theHR data • We often need to preprocess non-timekeeper revenueand cost and assignments for non-timekeepers help to achieve this goal • Non-timekeepers would be flagged in the bi.ProfitCopyHr table with Type= “N”

Split assignments • Iridium Profit module supports split assignments. This means that each timekeeper can be assigned to more than one organizational unit in each period where the FTE would be split across these. • E.g. a timekeeper can have these two assignments (records in the HR table): o New York office, Litigation department, Associatetitle, FTE 0.75 o New York office, Commercial department, Associatetitle, FTE 0.25

Note: Loading and validating assignment and FTEs for all timekeepers is a key implementation deliverable. Your firm needs to make sure that there are no gaps (missing assignments, timekeeper with hours but no FTE, etc.).