Setting Up Financial Management › Copy Cost/Rate Matrix Rows

Copy Cost/Rate Matrix Rows

Rates are date sensitive. You cannot overlap the dates when you copy matrix rows.

Follow these steps:

1. Open the cost/rate matrix.
2. Select the check box next to the row you want to copy and click Copy.
3. Enter or change the following:

   From Date

   Defines the beginning of the effective date range for this row. Any transaction that is processed within the range is applied the rates/costs from this matrix.

   To Date

   Defines the end of the effective date range for this row.

4. Select matrix criteria. The fields available for selection vary based on the columns you assigned. For example, if you selected Location as the assigned column, select a location to define matrix criteria.
5. Enter or edit the following:

   Rate

   Defines the billing rate to apply to a transaction for the row. A value of at least 0.00 is required.

   For equipment, materials, and expenses, rate is equal to the quantity. For example, if the cost of a single server is $1,000.00, then the rate set to 1.

   Standard Cost

   Defines the standard cost that is associated with any transaction matching the criteria established in the matrix.

   Actual Cost

   Defines the actual cost that is associated with any transaction matching the criteria established in the matrix. Actual Cost can be used in custom reporting.

   Currency

   Specifies the currency for the row in the matrix. This value can be different for each row in the matrix and is assigned when a transaction match occurs.

   This field displays only when multi-currency is enabled.

   Cost Plus Code

   Specifies the cost plus code to use when a transaction matches the criteria that is established in the matrix.

6. Save the changes.