Billing Rates: Configuration Prerequisites

Before starting to define the billing rates to be used in billing and allocation rules, you must be sure that the system has been configured properly and that all required entities have been created, as described in the following sections.

Enabling the Needed Features

On the Enable/Disable Features (CS100000) form, the Projects feature must be enabled.

Configuring the System

You need to make sure the following tasks have been performed in MYOB Acumatica before you begin to specify billing rate values in a rate table:

• On the Projects Preferences (PM101000) form, the basic project accounting settings have been specified: numbering sequences, non-project code, visibility settings, and posting settings. The actual combination of settings you need to specify depends on the processes in your organization and the features enabled on the Enable/Disable Features (CS100000) form. For details, see Basic Project Configuration: Implementation Activity.
• On the Rate Tables (PM204200) form, an empty rate table entity has been configured.
• On the Rate Types (PM204100) form, all required rate types has been defined.
• On the Rate Lookup Rules (PM205000) form, all required rate sequences that specify the group of settings based on which the billing rate will be selected have been defined.