Configure a rate table

Create a new rate table

Go to the Rate table maintenance (PM206000) window.
Click .
In the Rate table column, type the identifier for the new rate table.
In the Description column, provide a description for this new rate table.
Click .

Create rate types

Go to the Rate types (PM204100) window.
Click .
In the Rate type column, type the ID for the new rate type.
Specify identifiers in accordance with the type of allocation to be performed with this rate type, such as LABOUR for labour cost allocations and BURDEN for allocating costs.
In the Description column, provide a description for this new rate table.
Click .

Create sequences

Go to the Rate lookup rules (PM205000) window.
In the Rate table field, select the rate table that you want to configure.
In the Rate type field, select one of the rate types to be used with this rate table.
For each planned sequence, do the following:
1. Click .
2. In the Sequence column, type the sequence reference number.
  You can enter only digits in this field.
  Leave a gap between reference numbers if you want to be able to insert additional sequences if needed without renumbering the existing sequences.
3. In the Description column, provide a description for this new sequence.
4. Select which types of factors affect the rate by selecting the check boxes in the respective columns: Project, Project task, Account group, Inventory, and Employee.
Review the reference numbers of sequences and adjust them if needed, keeping in mind that the numbers define the order in which the system will be applying the sequences to find the rate.
Click .
If you plan to use the rate table with more than one rate type (that is, in more than one allocation step), perform Steps 3 through 6 for each remaining rate type.

Enter rates

Go to the Rate table maintenance (PM206000) window.
In the Rate table field, select the rate table you are going to fill in.
In the Rate type field, select the rate type for which you are going to define rates in the selected rate table.
In the Sequence field, select one of the sequences defined for this rate table and this rate type, which you created by using the Rate lookup rules (PM205000) window, as described in the previous section.
For the factors selected for this sequence, the respective tabs appear.
In the Rate code field, type the new rate code.
In the Description field, provide a description of the rate code to be used for a new set of factors.
On the Rate tab, click .
In the Start date column, select the date when the rate will become (or has become) effective.
In the End date column, select the date that ends that date range when the rate is effective.
In the Rate column, enter the rate.
On each tab with a factor defined by this sequence, create the list of particular factors for which this rate is applicable as follows:
1. Click .
2. In the first column, select the particular factor of the specified type. (For instance, select an employee if this is the Employee tab.
3. Repeat the two previous sub steps until you have selected all the particular factors of the type for which this rate is applicable.
4. Click .
If you want to specify a rate for another rate code, repeat Steps 5 through 11.
Repeat Steps 4 through 12 until you have specified rates for all of the sequences defined for this rate table and this rate type.
Click .
If you plan to use the rate table in more than one allocation step, repeat Steps 3 through 14 for another rate type.