AC18.4 – Assigned Asset Resource Rates

About AC18.4

Use Assigned Asset Resource Rates (AC18.4) to define rates for assigned Asset resources. You can define resource rates by activity or activity group to use different rates in transactions depending on the resource and activity involved. Resource rates by activity override any standard resource rate you may have defined. Resource cost rates are used in Resource Journal Entry(AC41), Subcontractor Time And Material Entry (AC42), Transaction Interface Adjustment (AC54.1), and Transaction Interface (AC540) to determine transaction amounts. Resource billing rates are used for Time and Materials billing. For more about defining billing rates, see the Billing and Revenue Management User Guide. **Process at a Glance 1. Access the appropriate form for the type of resource for which you want todefine rates by resource and activity. Use Assigned Asset Resource Rates (AC18.4) to define rates by asset. 2. Select the Activity Group or Activity for which you want to define rates. 3. Select the resource you want. 4. In the Currency Code field, type or select the rate's currency. When youuse the resource and activity in a transaction, the rate's currency determinesthe transaction currency. 5. Define rates for the resource.

Updated files (2)

Referenced files (4)

Related forms

• AC18.1 Assigned Person Resource Rates
• AC18.2 Assigned Employee Resource Rates
• AC18.3 Assigned Vendor Resource Rates
• AC18.5 Assigned Equipment Resource Rates

Program calls

Invoked programs (11)

ACAC, ACTA, API4, IFAC, IFCU, IFLU, IFOB, IFSG, IFUP, SLSE, SLSU