Managing Resource Rates

You can enter resource rates when a resource is created in Manufacturing or enter them on the Manage Resource Rates page in Cost Accounting.

Resources are set up in Manufacturing. To estimate resource rates in Cost Accounting, the costing enabled option in the resource definition must be selected in Manufacturing.

Any pool of expenses can be absorbed by resource rates. You can define hourly rates for labor and for equipment. A resource can have one or many rates, each absorbing a share of a pool of expenses. You can enter multiple rows of resource rates to absorb multiple pools of expenses.

Note: If you've set the profile option Redwood Page for Resource Rates Enabled (ORA_CST_RESOURCE_RATES_REDWOOD_ENABLED) to Yes at the Site level, you can manage the resource rates by clicking the Resource Rates task in the Cost Accounting work area.