Our employees have a fixed monthly salary, but at the end of the month, we need to retroactively adjust the hourly cost for each employee in order to reflect the real company cost.
This is because the number of hours worked by each employee varies from month to month, and the company benefit burden varies, so the real hourly cost is only known once payroll is known.
What is the easiest way to retroactively update all of the Timesheets so the real hourly cost can be applied?