The code that identifies the labor rate.
Labor Rate Code - Rates (tcppl0191m000)Use this session to enter, for each labor rate:
In the overview session, you can use the Group buttons to find the labor rate for which you want to enter or view the surcharge rates. To enter new rates for a labor rate, on the File menu, choose New. To view the existing rates, double-click an effective date. The Labor Rate Code - Rates (tcppl0191m000) details session starts. If, in the Implemented Software Components (tccom0100s000) session, the Object Data Management (DM) check box is selected, LN enters the following data in the corresponding fields of the Labor Rate Code - Rates (tcppl0191m000) details session when you approve a change order in the Change Management module:
Labor Rate Code The code that identifies the labor rate. Time Unit The time unit used for the labor rates. Labor Cost Rate The cost of one unit of labor. Overhead Rate (Service) An additional rate on top of the labor rate used to cover miscellaneous costs. Note This field applies to the Service package. Sales Rate The sales price of one unit of labor. Intercompany Rate The intercompany price of one unit of labor. Currency The currency of the intercompany rate. Effective Change Order If you use Data Management, LN enters the number of the change order that you approved to change the cost rate and the sales rate for the labor rate, in the Change Management module. Effective Date The date and time from which the cost rate and the sales rate are valid. The cost rate and the sales rate of each labor rate are valid from the effective date and time until the expiry date and time. If you use Data Management, LN enters the data in this field when you approve the change orders in the Change Management module. Expired Change Order If you use Data Management, LN enters the number of the change order that you approved to change the rates for the labor rate, in the Change Management module. Expiry Date The date and time until which the cost rate and the sales rate are valid. The rates of each labor rate are valid from the effective date and time until the expiry date and time. The expiry date can remain empty until you enter a new effective period. You can leave a time gap between an expired effective period and a new effective period. If you use Data Management, LN enters the data in this field when you approve the change orders in the Change Management module. Cost Rate Currency The cost rate currency. Sales Rate Currency The sales rate currency.
Effective Labor Rates Only Lists the labor rates that are effective on the current date. All Rates Lists the labor rates that:
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