Rates in the Resource Form (v8.xx)

Rates in the Resource Form (v8.xx)

The simple way to define the rate of a resource is to edit the Resource form and access the "Rate" tab. If the "Import the rate" option is set to "No," the authorized user can select the currency and create rates per period, possibly per activity type if the option is enabled.


Fields

Use

Import the rates

Default value is "no". Set to "yes" if the generic company rates defined during the setup of the [Resources] module should be applied to the current resource.

If the generic rates should not be imported, then the rate fields at the bottom of the form will be editable.

Currency

The currency for the rates; Single selection field.

The list of choices comes from the currencies set in the General setup document of the Portfolio.

If the "Import the rates" checkbox is checked, then this field is not editable and the currency used is the one defined in the corresponding 'Rates' setup document.

Cost center

The resource’s cost center. Single selection field.

The list of choices comes from the cost centers defined in the General setup document.

Rates management

If it is defined in at least one Company document that the company rates management is by cost center, then the list of choices is:

By resource type By cost center

The rates of the resource are then fetched from the Rates setup documents according to the following algorithm:

Look for a "Rates" document matching the "Company" - 'Location' - "Selected criterion" fields.

If not found, look for a document matching the "Company" and "Selected criterion" fields, defined for all locations ("Company" - "All"

- "Selected criterion").

If not found, look for a document matching only the field "Selected criterion", defined for all companies and locations ("All" - "All" - "Selected criterion").

If not found, look for a document matching the "Company" and "Location" fields, defined for all "Selected criterion" ("Company" - "Location" - "All").

If not found, look for a document matching only the field "Company", defined for all locations and "Selected criterion" ("Company" - "All" - "All").

If not found, then apply the default rates ("All" - "All" - "All").




Fields

Use

Period

Start date of the period. Rate definition will be in force at starting date, untill next period, meaning starting date of the next row in the table.

Forever if no next row exists.

Default Cost

Standard internal cost of the resource (cost price) per hour.

Editable if "Import the rates" is not checked, otherwise retrieved from the corresponding "Rates" setup document

Default billed at

Standard billing rate of the resource per hour.

Editable if "Import the rates" is not checked, otherwise retrieved from the corresponding "Rates" setup document

Activity Type X Cost

Editable if "Import the rates" is not checked, otherwise retrieved from the corresponding "Rates" setup document

Appears only if multi-rate management is set to ‘yes,’ definition of the internal cost of each activity type. If blank, default Cost will apply.

Activity Type X Billed

Editable if "Import the rates" is not checked, otherwise retrieved from the corresponding "Rates" setup document

Appears only if multi-rate management is set to yes, definition of the billing rate

of each activity type. If blank, default billing rate will apply.


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