Rate Options for Tools Usage Costs

The Maintenance Management Tools Usage process integrates tools usage transactions from PeopleSoft Maintenance Management into PeopleSoft Project Costing. To price transactions for costing and billing by using the tools rates that are defined in PeopleSoft Maintenance Management, you must create a rate set that uses the TCO (work order tools usage cost rate) and TBI (work order tools usage bill rate) rate options. By using the TBI and TCO rate options, you instruct the Pricing process to retrieve tools cost and bill rates from the Technician Workbench - Tools Usage page to calculate the target amount.