Cost normalization is the conversion of actual hours worked to reflect actual cost amounts. Once you’ve set up cost normalization, you can view normalized hours and costs calculated using those normalized hours in reports.
In reports based on the following templates:
You can view the following normalization data:
CapEx Normalization Factor is typically equal to the Normalization Factor, unless CapEx hours are included first in calculations of normalized costs (selecting CapEx first is an option that can be selected in the normalization rule that the user is assigned).
1 Available in reports based on the Timesheet Day template only.