How Vantagepoint Determines Override Rates

When an employee's labor rate comes from a labor override table, the way that Vantagepoint determines the rate to use depends on the project's labor method.

Labor Method How It Works
Rate Times Multiplier Vantagepoint first looks at the General Employee Override tab of the override table and finds the override rate specified for the employee there. Vantagepoint calculates the rate depending on which rate type is selected, as follows:
  • Billing: No multipliers are applied to the rate, and the billing override rate becomes the billing rate.
  • Cost: Each of the non-zero multipliers specified on the Labor tab of the Billing Terms form is applied to the rate in the override table.
  • Max cost rate: Vantagepoint selects either the employee's job cost rate (in effect at the time of posting) or the override cost rate, whichever is lower. Each of the non-zero multipliers is applied to the value selected by Vantagepoint. If the employee is not found on the General Employee Override tab, Vantagepoint looks at the Max Cost By Category Override tab on the override table. If an employee belongs to a category listed in the table, Vantagepoint uses either the employee's job cost rate (in effect at the time of posting) or the override cost maximum, whichever is lower. Each of the non-zero multipliers is applied to the value selected by Vantagepoint.
Rate Table Vantagepoint uses the rate specified in the override table for all employees that appear in the table. Vantagepoint also applies any non-zero multiplier to this rate, no matter what the override rate type is.

If you selected Enable effective dates for labor billing rates on the Miscellaneous tab of Billing Setup, Vantagepoint also compares the dates of posted labor transactions being billed with effective dates in the specified override rate table. Vantagepoint uses the appropriate rate based on the effective date.

By Category Vantagepoint uses the rate specified in the override table for all employees that appear in the table. Vantagepoint also applies any non-zero multiplier to this rate, no matter what the override rate type is.

If a labor override table exists for the project, and the employee displays in the table with a rate of 0 (zero), Vantagepoint overrides the employee's category with the override category specified in the override table. Vantagepoint then locates the category's entry in the project's Billing Labor Category table to determine the rate. If you specify both a rate and a category, Vantagepoint overrides both the rate specified in the category table and the category referenced in the override table. Vantagepoint also applies any non-zero multipliers to this rate, regardless of the rate type.

If you selected Enable effective dates for labor billing rates on the Miscellaneous tab of Billing Setup, Vantagepoint also compares the dates of posted labor transactions being billed with effective dates in the specified labor override table. Vantagepoint uses the appropriate rate based on the effective date.

By Labor Code Vantagepoint uses the rate specified in the override table for all employees who appear in the table. Vantagepoint also applies any non-zero multiplier to this rate, no matter what the override rate type is.

If you selected Enable effective dates for labor billing rates on the Miscellaneous tab of Settings > Billing > General, Vantagepoint also compares the dates of posted labor transactions being billed with effective dates in the specified labor override table. Vantagepoint uses the appropriate rate based on the effective date.