Edition: Enterprise & Business
User-level: Director, System Administrator
Previous steps: Rates and rate Groups, Financial controls
Project and stage specific rates are used when a rate variation is only required on a particular project or on a stage within a project.
This powerful tool enables you to 'override' the value of a rate in any project or stage you see fit, and can be set to start at a date you define.
This is particularly helpful in situations where:
Projects go over financial years, and new rates need to reflect that
Variation stages where the rates need to be different
Particular client projects, where certain rates are charged differently
Create a project specific rate
Open the project and go to the Project > Financials > Rates.
Click on the rate to open it
Click on the 'Create project specific rate' button.
Enter the new rate value, the date the value will be effective from, select Save, and then select Close.
The default rate value is displayed with a strikethrough. The new rate value is shown in the 'Project specific charge value' column.
Create a stage specific rate
Open the project and go to the Project > Financials > Rates.
Change the view from 'Project : [Project name]' to 'Stage : [Stage name]'.
Click on the rate to open it.
Click on the 'Create stage specific rate' button.
Enter the new rate value, the date the value will be effective from, select Save, and then select Close.
A tick is displayed on the project rates page to indicate that a stage specific rate has been set.
Where to next?
What other features does this relate to?