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About Rates

  • Labor and Equipment rates are required to calculate Task costs.
  • Rates are valid for a specific period of time.
  • Each Labor or Equipment ID may have rates with different rate names. For example, Labor may be charged at a different, higher rate when performing specialized tasks like crane operation.
  • Overtime and holiday rates are separate Labor rates which can be adjusted according to your organization and set up for individual laborers.
  • Rates with the same name may not have overlapping effective dates. The old rate must end the day before the new rate takes effect.