Defining trade rates

Define rates for trades. When booking hours, the Hourly Rate defined for the employee, is used. If so, the hours are booked at that rate. However, if you have not defined trade rates for the employee, the Hourly Rate defined for the trade on the trade Rates tab, is assigned.

To define trade rates:

  1. Select Work > Setup > Trades.
  2. Select the trade for which to define rates, and then click the Rates tab.
  3. Click Add Rate.
  4. Specify this information:
    Organization
    Specify the organization to which the rate belongs if you use multi-organization security.
    Type of Hours
    Specify hour occupation type for this work, e.g., select N for normal hours or O for overtime hours.
    Department
    Specify the department associated with this rate. If the rate applies to all departments, enter*.
    Hourly Rate
    Specify the hourly rate for this trade.
    Start Date
    End Date
    Specify the beginning and ending dates to which the rate applies.
    Note: Dates for the same trade type/department combination cannot overlap. For example, the MAINT department of ORG1 cannot have an overtime hourly rate of 20 to start 01-01-2004 and end 12-31-2004 and another overtime hourly rate of 30 to start 05-01-2004.
    Currency
    The currency of the organization is displayed.
  5. Click Submit.
Parent topic: Defining trades