Cost and Pay Rate Tables

The date on which a rate change will occur is the "effective date" of the change. Cost/pay rate tables apply in accounting, billing, and payroll.

When you set up cost and pay rate tables, the following things happen:

  • An Effective Date column displays in labor rate tables, labor category tables, and labor code tables.
  • In the Billing application, the Effective Date column also displays in labor override tables.

Related Topics:

  • How to...
    After you enable effective dates in Accounting System Settings, you can set up rate tables and specify the effective dates for them.
  • Fields and Options
    Use the forms to set up cost/pay labor rate, category, and code tables.
  • Learn More About...
    Review the checklist for setting up effective dates and information about cost and pay rate table reports.
Parent Topic: Accounting