Use this subtask to assign company-wide billing rates for each PLC set up on the main screen. Billing rates are maintained by start/end dates, so that changes to the billing rate for a given PLC can be effected without changing the category code.
Use this subtask to initialize billing rates for company-wide PLCs. You must assign billing rates before you can calculate revenue or billings on loaded labor projects.
Enter a billing rate for the PLC selected in the main screen.
This billing rate will be valid for the period after the date in the Starting Date field and on or before the date in the Ending Date field. These dates are compared to the Effective Dates fields in the transaction entry screens.
If you would like to use a billing discount for this labor category, enter a discount percentage to apply against the billing rate. The discount percentage can be greater than 100% but cannot be negative.
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Note: Exercise care if you set up company-wide discounts in this screen. If you reference this table in the Define Rate Seq screen in the Project User Flow (Projects\Maintain\Projects), the discount percentage will be applied against the PLC. |
Enter, or use Calendar to select, a starting date in which the billing rate is available. If this field is left blank, the billing rate will not have a start date and will be available for the earliest open fiscal year in the system through the fiscal year specified in the Ending Date field.
When you execute the Load Labor Rates process (Projects\Process\Billing), the start and end dates are compared to the Effective Date fields in the transaction entry screens.
Enter, or use Calendar to select, an ending date for the billing rate specified. If this field is left blank, the default date of 01/01/3000 will display.
When you execute the Load Labor Rates process (Projects\Process\Billing), the start and end dates are compared to the Effective Date fields in the transaction entry screens.
* A red asterisk denotes a required field.
Changes to this screen update the LAB_CAT_RT_SCH (Labor Category Rate Schedule) table.
