A field labeled rate is available in the timesheet records. This field will not be visible in view or edit modes. The value in the rate field will be based on the below (which is mentioned in the record browser): If you selected a price in the Price Level field, it automatically appears here. If… Continue reading Rate in the timesheet record
Tag: RATE
Default Rate Populated for an item in a Purchase transaction
The auto-populated ‘Unit Price’ (default rate) for an item in the purchase transactions (e.g., Purchase Order, Vendor Bill, Vendor Credit) is derived based on this hierarchy: 1. ‘Purchase Price’ of the Vendor as set in the Item record (If Multiple Vendors feature is enabled in the account) 2. ‘Purchase Price’ as set in the Purchasing/Inventory tab of the Item record 3. Last Purchase Price used in any purchase transaction type a. Based on ‘Transaction Date’ not ‘Date… Continue reading Default Rate Populated for an item in a Purchase transaction