Understanding Installation and Business Unit Pricing Options

During installation, determine if you want to enable organizational sharing for rate-based contract lines. Other pricing options at the installation level are used when the Pricing process is triggered for the business unit by Application Engine processes from feeder systems, or through the Add Transactions functionality in PeopleSoft Project Costing. For example, because the rates that the Pricing process uses are effective-dated, you can specify the date type (transaction or accounting) that the system uses to determine the rate set or rate plan to use for pricing.

Options that you select at the business unit level are also used when the Pricing process is triggered for the business unit by Application Engine processes from feeder systems, or through the Add Transactions functionality in PeopleSoft Project Costing. Select pricing options of Cost, Billing, andRevenue for the system to use to determine which rows to create. By using pricing options, you can tell the system to create costs (indirect and direct), billing, and revenue recognition rows separately. The pricing options that you select for the business unit appear by default as the selected pricing options on the Pricing run control page. You can override the business unit default values when you initiate the Pricing process on the Pricing run control page.

Cost and Bill Rate Restrictions in Program Management

If you use PeopleSoft Program Management, at the business unit level you can restrict the rate types that users can select for cost and bill rates for activity resources. The rate types that you enable for the business unit control the rate options that you can select on the Rate Sets - Target page as follows:

  • If you enable only the Rates by Employee rate type for the business unit, you cannot select the JBI (Job Code Bill Rate), JCO (Job Code Cost Rate), RBI (Role Bill Rate), RCO (Role Cost Rate), CRB (Custom Bill Rate). or CRC (Custom Cost Rate) rate options.

  • If you enable only the Rates by Job Code rate type for the business unit, you cannot select the EBI (Employee Bill Rate), ECO (Employee Cost Rate), RBI, RCO, CRB, or CRC rate options.

  • If you enable only the Rates by Role rate type for the business unit, you cannot select the EBI, ECO, JBI, JCO, CRB, or CRC rate options.

  • If you enable only the Override rate type for the business unit, you cannot select the EBI, ECO, JBI, JCO, RBI, RCO, CRB, or CRC rate options.

  • If you enable only the Custom rate type for the business unit, you cannot select the EBI, ECO, JBI, JCO, RBI, or RCO rate options.

Rates for revenue may be entered into the rate set as a percentage of one of the options listed above or directly into the rate setup amount field.