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Administrator Guide
Last Updated: 2023-06-23
Create Project Billing Rate Sheets

Create Project Billing Rate Sheets

Security: These domains in the Project Billing functional area:
  • Process: Project Billing - View
  • Set Up: Project Billing - Rate Sheet
You can define different billing rates based on a variety of criteria. When you create rate sheets, you can set pricing categories and multiple rate dimensions. You can set pricing categories to include a:
  • Currency for sales that spans multiple countries.
  • Region for sales areas that covers a wide territory.
  1. Access the
    View Project Billing Rates
     task.
  2. As you complete the
    Rate Dimensions
     tab, consider:
    Option Description
    Category Name
    The names that you enter display as columns on the
    Project Billing Rate Sheet
    . You can have up to 5 pricing categories.
    Category Members
    The members that you enter display as prompt options for the
    Category Name
     columns on the
    Project Billing Rate Sheet
    .
  3. As you complete the
    Project Billing Rate Sheet
    , consider:
    Option Description
    Unit of Time
    When you select
    Days
     from the prompt, also specify daily rate transaction details on the
    Time Definition
     tab.
    Workday doesn’t support ad hoc transactions for daily rates.
    Transaction Grouping
    Group transactions based on the dimensions you set on the
    Maintain Daily Rate Transaction Groupings
     task.
    Grouping transactions enables more detailed grouping and pricing on daily rate transactions.
    When you select a
    Transaction Grouping
     on the project billing rate sheet, the grouping also populates on the contract rate sheet.
    Displays when you select
    Days
     from the
    Unit of Time
     prompt.
    Mutually Exclusive Rules
    Select to apply only the first applicable billing rate rule for each billing rate rule type.
    When you select this check box, Workday automatically selects the check box on all contract rate sheets that use the rate sheet that you create.
Workday populates the rates on the resource plan. Rates populate when the manager assigns roles to projects with effective dates in the billing rate sheet.
You can now use the rate sheet on all of your projects.
  • Map your worktags to the rate sheet and the category dimensions on the
    Configure Project Billing Rate Sheet
     task. Based on your configuration, Workday populates the information when you create a contract rate sheet.
  • To update the billing rates by effective date:
    1. Access the
      View Project Billing Rates
       task.
    2. Select
      Project Billing Rate Sheet
      Edit
       from the related actions menu of the rate sheet.