You can enable user-defined rates.
To enable user-defined rates, complete the following steps:
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Click
.
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On the
User Defined Rates area of the
Miscellaneous tab, select the
Use check box and enter a label for each rate that you want to use.
Option | Description |
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User-Defined Rate 1 |
The first rate is well suited for labor cost rates, especially if the rates are driven by projects, unions, locations, labor codes, and so on. |
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User-Defined Rate 2 |
The second rate is well suited for billing or "burn" rates, where the rates are driven by projects or labor codes. |
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If you use the Labor Costing feature, when an employee charges hours on a timesheet line, Time & Expense goes through a series of steps to determine which rate to use as User Defined Rate 1 and User Defined Rate 2. The set of steps is different for the two rates.