9.10.10 Charge Out Rate Maintenance (09123m)

Required fields include:

1. Charge Out Type 507
2. T- Standard recharge
3. U- Close friends
4. V- Overnight
5. W- Weekend work
6. X- Industry Assoc. Long Job
7. Y- Industry Assoc. Short Job

Chargeout codes fall into three groups.

Once you establish the breakup definitions applicable for your business, then we recommend you change the descriptions to reflect your company's definitions.

Chargeout codes may be used in two ways:

1. Simply to provide an invoice charge value in the chargeout report
2. In conjunction with a labour recharge order where the real cost is debited to the recharge order and the chargeout code is then charged to the nominated labour order. Once a recharge order is linked to a labour order, then ALL transactions are treated that way.

Chargeout codes are set up to allow the payroll system to produce an invoice for work done by various employees. For example: the charge out code for a Carpenter is CARP with various rates applicable ie: Rate V = Ordinary Time (Cost Value), Rate W = Time and a Half (Cost Value), Rate X = Double Time (Cost Value) and Rate Y = May be a rate struck for working on Public Holidays or Rostered Days Off etc.

The default is "CHG" (highlighted) for Change.

To add a new work location code click on ADD and return, the following will be displayed:

1. Charge Out Code:
   A six character code eg. CARP If you are in change mode you can use F3 Enquire to display a list on your system for you to choose from.
2. Description: A full description of the code used in Item 1. eg. Carpenter.
3. Rate per Hour - Type V: Ordinary time in $
4. Rate per Hour - Type W: Time and a Half in $
5. Rate per Hour - Type X: Double Time in $
6. Rate per Hour - Type Y: An applicable $ value to intended use.

Note: A charge out code of 'n' must always be created for payments which are for internal use only through the payroll system.

On-cost Code Maintenance

On-cost codes are factors that the charge out codes in the previous program are multiplied by. They are single alpha characters to represent the separate multiplications eg.
A - No mark up On Cost Factor 1.000.
B - 1% mark up On Cost Factor 1.010. etc.
The default is "CHG" (highlighted) for Change.
To add a new on-cost code click on ADD and return, the following will be displayed:
1.Oncost Code:
Any letter from A to U can be selected or N for Non chargeable. eg. If you are in change mode you can use F3 Enquire to display a list on your system for you to choose from.
2.Description: A short description (to 30 characters) describing the code.
3.Oncost Factor: The rate for multiplication.