Rates are the amount of money associated with People, Equipment, and Other Resources for a set amount of Usage. Setting a Rate for a Resource generally defines its cost per hour, or another type of measurement. For a rate to apply correctly, please ensure:

• Resource is assigned to a project with a resource assignment start date on or before intended usage
• Resource has a rate on a project with start dates on or before intended usage and has a valid combination for each Rate Code and Recorded UoM (e.g. Normal, hours)
• Rate applied is either:
  1. At the Resource Level (e.g. Joe Bloggs) (1st Priority of calculation)
  2. At a Resource Role + Company (e.g. Labour for Labour Hire Pty Ltd) (2nd Priority of calculation if a doesn't exist)
• In some UI Screens (Such as bulk adjust), you need to ensure the Activity is "started" (i.e. has an actual start date on or before the intended usage)

Creating Rates

1. Select Resources > Rates.
   
2. To add a new Rate, click on  Add Rate.
3. Select from the dropdown menus and enter data as needed.
4. Make a single selection from Resource Role, Company, or Resource; alternatively, a Company and Resource Role can be chosen together.
5. Set a Start date (required), and an End date as needed; these are independent of a Resource’s assignment date.
   Each Rate combination can hold values for Cost, Sell and Dayworks.
6. When done, choose Create Rate or Create and Add Another.
7. To edit an existing Rate, click the  icon.
   • Editing a Rate affects both past and future costs for its Resource.
   • If a Rate has been revised, and this should only apply to future costs, set the End date on the existing Rate, and then create a new Rate.
8. Make any changes as needed, then click Update Rate.
9. To delete an existing Rate, click the  icon.
10. If a Rate is no longer relevant, add an End date.
    A Rate should be deleted only if it was created in error; deleting a Rate attached to a Resource will affect both past and future costs.

Applicable Rates

Select Resources > Rates > View Applicable Rates for:

People

Shows the Rates that currently apply to all People Resources:

Equipment

Shows the Rates that currently apply to all Equipment Resources

Other

Shows the Rates that currently apply to all Other Resources: