Rate Effective Dates Examples
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Named rates for labor and equipment have effective dates. These dates cannot overlap. The rate used to calculate work order costs is the named rate that was effective on the date the work was performed. If the dates used overlap, a warning message displays.
|
Rate Name |
Rate ($/Hr) |
Effective On |
Expires On |
Notes |
|---|---|---|---|---|
|
Standard |
10.00 |
2/16/2002 |
|
|
|
Special Rate 1 |
12.00 |
01/18/2002 |
|
OK. Dates overlap, but rates have different names |
|
Rate Name |
Rate ($/Hr) |
Effective On |
Expires On |
Notes |
|---|---|---|---|---|
|
Standard |
10.00 |
2/16/2002 |
06/06/2002 |
|
|
Standard |
11.50 |
06/07/2002 |
|
OK. Rate with same name expires before the next one takes effect. |
|
Rate Name |
Rate ($/Hr) |
Effective On |
Expires On |
Notes |
|---|---|---|---|---|
|
Standard |
10.00 |
2/16/2002 |
|
|
|
Standard |
11.50 |
06/07/2002 |
|
NOT OK. Another rate of the same name has not expired. |