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If you are using Open Workbench with CA Clarity PPM, cost and rate matrices are used in CA Clarity PPM to determine costs and billing or charge rates during financial processing. You can create cost and rate matrices for labor, materials, equipment, and expense resource types.
The cost/rate matrix is composed of columns that you can assign to identify the criteria used to match the billing rates and costs to transactions. You can establish default matrices at the system level, entity level, and the investment level. During financial processing matrices determine cost and rates of transactions. CA Clarity PPM looks for and applies matrices first at the investment level, then at the entity-level, and lastly at the system level. You can set default rate locations at either the entity-level or system level.
You must financially enable any resource that is involved with financial transactions. When a resource is financially enabled, that resource can be linked to CA Clarity PPM rate matrix. You must also financially enable your project in order to process financial transactions on them.
Note: See the Resource Management User Guide for more information.
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