to select, an active project. All active
projects are available for . The non-editable field to the
right displays the project name.Use this screen to assign rates for each Project Labor Category (PLC). Labor rates are maintained by start/end dates, so you can change the labor rate for a given PLC without changing the category code. The system compares the Starting Date and the Ending Date to the effective date in the transaction entry screens. PLCs are entered in the following transaction entry screens: Enter Timesheets (People » Labor » Timesheets), Enter A/P Vouchers (Accounting » Accounts Payable » Vouchers), Enter PO Vouchers (Accounting » Accounts Payable » Vouchers), and Enter JEs (Accounting » General Ledger » Journal Entries (JEs)).
Use this screen whenever labor rates are required for PLCs.
Enter, or use to select, an active project. All active
projects are available for . The non-editable field to the
right displays the project name.
This table displays information from all labor categories linked to the selected project.
This column displays all PLCs linked to this project.
This non-editable column displays the description of each of the PLCs.
Use this drop-down list to select the rate type for this project's PLC. Valid options are:
A - Actual. This rate type divides actual amount paid by actual hours (actual amount/actual hours) to obtain the rate during the load labor rates process. This allows you to apply multipliers to the rate for revenue and billing calculations.
B - Billing. This rate type uses the T&M project rate that does not include multipliers.
C - Ceiling Rate. This rate calculates the A rate, then compares it with the ceiling and uses the lesser of the two rates. This allows you to apply multipliers to the rate for revenue and billing calculations.
S - Standard. This rate is equal to the Salary/Hourly rate per employee in the Salary Info and History screen (People » Employee » Basic Employee Setup). This rate reflects the standard rate without any auto adjusting on the timesheet. Multipliers will be applied against the S (Standard) rate type.
T - Transactional. This rate is primarily used for foreign currency contracts. If you select this rate type, the Calculate Billings process (Projects » Billing » Calculate Billings) will not convert the rate amount using the conversion rates associated with the project. The Calculate Billings process will use the rate entered in this screen to calculate the bill.
If you selected A in the Rate Type column, this column displays 0.0000 since this column is calculated during the load labor rates process.
If you selected B in the Rate Type column, this column displays the billing rate for the PLC. The rate is applicable to the Starting Date and Ending Date columns.
If you selected C in the Rate Type column, this column displays the ceiling rate to be used during the load labor rates process.
If you selected S in the Rate Type column, this column displays 0.0000.
If you selected T in the Rate Type column, this column displays the rate amount that will be used in the Calculate Billings process (Projects » Billing » Calculate Billings).
Enter a billing discount percentage to apply against this billing rate. The discount percentage can be greater than 100% but cannot be negative. This field is visible only if the Discount Method in the Basic Revenue Info screen (Projects » Project Setup » Revenue Setup) or the Other Info subtask of the Project Billing Info screen (Projects » Billing » Billing Master or Projects » Project Setup » Revenue Setup) is PLC Discounts.
This column displays the starting date on which the labor rate is available. If you leave this field blank, the labor rate will not have a start date, and the rate will not be available for the earliest open fiscal year through the fiscal year specified in the Ending Date column. The system will compare the Starting Date to the effective date in the transaction entry screens to determine whether to use this rate.
This column displays the ending date for the labor rate specified. If this column is left blank, the rate will not have an ending date, and will be available any time after the Starting Date, with no ending fiscal year. The system will compare the Ending Date to the effective date in the transaction entry screens to determine whether to use this rate.
This screen updates the following table:
PROJ_LAB_CAT_RT_SC