Set up Cost Templates

Security Note: You need the Allow the user to maintain cost templates security right in the Contracts domain security rights group for this activity.

Activity Steps

1. Open the Cost Template Category.
2. Right-click in the Cost Templates table and select New » [Cost Type] from the menu.

   A cost template with a single rate detail displays. Multiple cost templates can be set up in a cost template category, and each cost template can have one or more rate details.

3. Update the Template Name if required.
4. Select a Provider of the service, finance or freight if required.

   This field is required for invoicing a cost based on the cost template, but not required for the cost template itself. Select from the organisations and companies defined on the Organisations panel of the Solution Explorer. For finance costs, the provider must have their Organisation Role set to Banks.

5. Select an Activity from the Service Activity, Freight Activity and Finance Activity list items defined in the List Editor.
6. To add a rate detail to an existing cost template, right-click the cost template and select Add To Same Template from the menu.
7. Update the following fields as required for each rate detail.
   • Name
   • Rate Detail Basis
   • Value
   • Currency
   • UOM
   • Duration
   • Time Basis
   • Use Calculation
   • Calc Expression
   • Type
   • Rate Decimals
   • Interest Rate Series
   • Interest Basis
   • Bank Fee

   Note: See Cost Templates for descriptions of these fields.

8. To add a tax to a cost template, right-click the template name and select Add Tax To Cost » [Tax Category] » [Tax] from the menu.
9. To delete a rate detail, right-click the rate detail and select Delete from the menu.

   If the cost template only has one rate detail, the whole cost template is deleted.

10. To delete a tax, right-click the tax name and select Delete from the menu.
11. To delete a cost template, right-click the template name and select Delete from the menu.
12. Click Save.