Pricing Administration Guide > Creating and Assigning Rate Lists > The Process of Creating a New Rate List >

Creating Rate List Line Items


A rate list line item contains rate data for a specific resource. It includes the resource name and information about the rates charged for that resource.

In a given rate list, you may have only one line item for each resource.

If you have multiple rate lists, the same resource can have a line item in each rate list. For example, your United States rate list might have a line item for the rate charged for a resource in the United States, your Canadian rate list may have the rate charged for the resource in Canada, and so on.

To create a rate list line item

  1. From the application-level menu, choose View > Site Map > Pricing Administration > Rate List.
  2. In the Rate List list, select the rate list to which you want to add a line item.
  3. Click the Rate List Line Items view tab.
  4. In the Rate List Line Items list, click New.

    The Add Position Types dialog box appears.

  5. In the Add Position Types dialog box, use the Query or Find options, if necessary, to locate the type of resource you want to add to the rate list. Select the product record and click Add.

    The product that you selected appears in the new Rate List Line Item record.

  6. Complete the fields of the Rate List Item record, as described in Table 5.
    Table 5. Rate List Line Item Fields
    Field
    Explanation

    Resource

    Required. The type of resource that you selected from the Add Position Types dialog box is displayed here. A rate list line item uses this product name as its unique ID.

    Rate Per Hour

    Enter the standard hourly rate you charge for this resource.

    Contract Rate Per Hour

    Enter the hourly rate you charge for this resource as a contractor.

    Premium Rate Per Hour

    Enter the premium hourly rate you charge for this employee, if applicable. For example, this premium rate may be charged to customers who get special service.

    Material Mark-Up

    Enter the percentage mark-up charged for materials used by this resource.

    Expense Mark-Up

    Enter the percentage mark-up charged for expenses incurred by this resource.

    Description

    Enter a description of this resource for your own use.

Pricing Administration Guide