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.
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Select Work > Setup > Trades.
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Select the trade for which to define rates, and then click the Rates tab.
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Click Add Rate.
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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. For example, 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.
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.
CU Standard Rate - Specify the standard rate to be used when performing estimation for compatible units.
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Click Submit.