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Rate Set Options Page of the Add Rate Set Wizard

Use this page to select the method that Cobra will use to generate rates for the rate set.

Contents

Field Description
Manually set entry Select this option if you want to manually set the rates for the rate set in the Rates view. This option is not available if you display this page from the Generate Rates Wizard.
Fixed value change per time period Select this option to generate rates automatically based on a fixed incremental value.

If you select this option, you need to specify additional options on the Fixed Value Change Per Time Period page of the Add Rate Set Wizard.

Fixed percentage change per time period Select this option to generate rates automatically based on an incremental percentage.

If you select this option, you need to specify additional options on the Fixed Percentage Change Per Time Period page of the Add Rate Set Wizard.

Full time equivalent from calendar hours Select this option to create a rate set that calculates rates for full-time-equivalent (FTE) personnel based on the hours defined in the calendar that you specified. For example, if there are 184 hours in the June 2009 calendar period, Cobra divides one FTE by 184 to generate a rate of .005435 for that calendar period.

If you select this option, you need to specify a calendar on the Full Time Equivalent from Calendar Hours page of the Add Rate Set Wizard.

Copy another rate set Select this option to copy rates from another rate set in the rate file. This option is available only if there is an existing rate set in the rate file.

If you select this option, you need to specify the rate set to copy the rates from on the Copy Another Rate Set page of the Add Rate Set Wizard.

Copy another rate set, and apply a fixed value adjustment Select this option to copy another rate set from the rate file, and then apply a fixed increment. This option is available only if there is an existing rate set in the rate file.

If you select this option, you need to specify the rate set to copy the rates from and the incremental value that will apply to the rates on the Copy Another Rate Set, and Apply a Fixed Value Adjustment page of the Add Rate Set Wizard.

Copy another rate set, apply % adjustment Select this option to copy another rate set from the rate file, and then apply a fixed incremental percentage. This option is available only if there is an existing rate set in the rate file.

If you select this option, you need to specify the rate set to copy the rates from and the incremental percentage that will apply to the rates on the Copy Another Set, Apply % Adjustment page of the Add Rate Set Wizard.