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Overview
The Accounting/Rates tab establishes the Bill Rates and Job Cost Rates for an employee. If no Rate Schedule is established on a project, this is where the Job Cost and Bill Rate numbers are captured.
Note: Bill Rates, Job Cost Rates and even Pay Rates can be overridden on a per project basis. Multipliers or Rate Schedules can be applied at any WBS level. To learn more about applying rates on per project basis. More on Applying Rate Schedules
Field Descriptions
Below are field descriptions for the Employees Accounting / Rates tab.
Time / Expense Approverscapabilities
| • | Default Approver - Primary time sheet approver for this employee. |
| • | Alternate Approver - Alternate time sheet approver for this employee. |
Additional Time Approvers
| • | Lists employees who can also approve time for the loaded employee |
Additional Expense Approvers
| • | Lists employees who can also approve expense sheets for the loaded employee |
Company Credit Card
| • | Card Number - Company credit card number |
Rates
| • | Bill Rate - Default billing rate. Can be overridden by multipliers at the WBS level or by Rate Schedules. |
| • | Premium (Overtime) Bill Rate - Default premium/overtime bill rate. Can be overridden by multipliers at the WBS level or by Rate Schedules. |
| • | Job Cost Rate - Default job cost rate. Can be overridden by multipliers at the WBS level or by Rate Schedules. |
| • | Premium (Overtime) Job Cost Rate. - Default premium/overtime job cost rate. Can be overridden by multipliers at the WBS level or by Rate Schedules. |
| • | Target PCT - Target utilization percentage. This is the anticipated percentage of time an employee is to spend on billable work. Used in time utilization reports. |
Rate Options
Pay and/or Job Cost Rate information is sensitive and while permissions govern the types of reports a user can run, these employee-specific rate settings govern the kind of information employees can see when running various reports in InFocus (e.g. PM Reports, Custom Reports- except Pay History, Standard Reports and My Projects widget).
While defaulted to unchecked, employees can be given access to view each type of rate (Pay and Job Cost) either in detail or in summary. In Summary check boxes allow for aggregated cost in reports that do not show detail below the WBS level to be viewed. If left unchecked, reports will return a zero when labor cost is involved.
| • | Can View Pay Rate - When checked, employees can see labor cost in report details |
| • | Can View Pay Rates in Summary - When checked, employees can see labor cost in report summaries |
| • | Can View Job Cost Rate - When checked, employees can see labor cost in report details. This setting defaults to unchecked. Note, this setting does not impact the Pay History report found in UT>Custom Reports. |
| • | Can View Job Cost Rates (in Summary) - When checked, employees can see labor cost in report summaries. This setting defaults to unchecked. Note: this setting does not impact the Pay History report found in UT>Custom Reports. |
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