Setting Up Financial Management › Financial Matrices › Create Cost/Rate Matrices

Create Cost/Rate Matrices

Create as many cost matrices as needed for each entity. Once you have defined the general properties, assign columns to the matrix.

Follow these steps:

1. Open Administration, and from Finance, click Manage Matrix.

   The manage matrix page appears.

2. Click New.

   The properties page appears.

3. Complete the following fields:

   Matrix Name

   Defines the unique name for the matrix.

   Limits: 40 characters

   Matrix Type

   Defines the matrix type as Cost/Rate.

   Matrix Default Currency

   Defines the default currency for this matrix. This field only appears if multicurrency is enabled.

   Default: System Currency

   Location

   Defines the location used in the matrix.

   Entity

   Defines the entity used in the matrix.

   Private

   Specifies whether this matrix is restricted to particular users.

   Default: Cleared

   Notes

   Defines any additional information specific to this matrix.

4. Save the changes.

More information:

Assign Columns in Cost/Rate Matrices

Financial Matrices

Cost/Rate Matrices

How to Set Up Cost/Rate Matrices

Add and Change Cost/Rate Matrix Rows

Unlock Matrices