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Create a Materials Rate Table

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Background

Create and manage rate tables with effective/expiration dates and define custom cost and billable rate columns.

Columns are configured in the company's Rate tool settings, while rows populate automatically from your project's Materials inventory.

labor and equipment rate tables

Rate tables for Labor and Equipment are created and managed in the Company level Rates tool.

Things to Consider

  • Required User Permissions

  • Rate tables are effective between the effective date and the expiration date.

  • When a calculated rate column is included in a table, the associated source columns from the calculated rate's formula are also added.

  • You can add and edit the rates for the source columns within a calculated rate's formula, but you cannot override the final calculated value.

Prerequisites

  • Materials must be listed in your inventory using one of the following methods:

Steps

 Tip
You can also copy a rate table.

  1. Navigate to the Project level Rates tool.

  2. Click Create Material Table.

  3. Enter the general information.

    Show/Hide Fields

    • Name. The name of the rate table.

    • Effective Date. The date the rate table goes into effect.

    • Expiration Date. The date the rate table expires.

    • Description. A description of the rate table.

  4. Add Columns.

    • Move the toggles Icon Toggle On ON or Icon Toggle Off OFF to include or exclude columns.

  5. Click Create.

Next Steps

See Also