Defining rates for suppliers

Define and update rates for suppliers. Define multiple rates for each supplier as necessary.

Note: When automatically populating Hourly Rate on any form, the system populates the field based on the information entered on the Rates page of the Suppliers form. If you do not define a rate for a supplier, the system populates Hourly Rate based on the information entered on the Rates page of the Trades form if applicable.

To define rates for suppliers:

Select Materials > Setup > Suppliers.
Select the supplier for which to define rates, and then click the Rates tab.
Click Add Rate.
Specify this information:

Organization

Specify the organization to which the rate belongs if you use multi-organization security.
Note: If the supplier is assigned to a specific organization, the system automatically displays the organization. You cannot modify Organization.

Trade

Specify the trade.

Hourly Rate

Specify the hourly rate of the trade.

Tax Code

Specify the tax code to associate to the rate for the supplier.

Start Date, End Date

Specify the beginning and ending dates to which the rate applies.
Note: Dates for the same trade and rate combination cannot overlap. For example, the MAINT trade cannot have a rate of 20 to start 01-01-2004 and to end on 01-01-2005 and another rate of 25 to start on 06-01-2004.
Click Submit.

Note: To delete a rate, select the rate to delete, and then click Delete Rate.