Use this screen to enter the average labor rate of the General Labor Categories (GLCs) for use in the budgeting screens.

Rates entered here default to the Manage GLC Budgets by Period and Manage GLC Total Budget screens when you enter a line using the specific GLC. Costpoint multiplies these rates by the employee or vendor hours to arrive at the employee or vendor amount.

When you enter this screen, the table window is empty. You must click to populate the table. You cannot add new lines or delete existing ones; you must complete those functions on the Manage General Labor Categories screen. You can modify only the Average Rate column. Any modifications to the Average Rate column in this screen also modify the rate on the General Labor Categories screen.

Complete this screen before using the Manage GLC Budgets By Period or Manage GLC Total Budget screens. When you access those screens, the rates default in and Costpoint automatically calculates the employee amount or vendor amount when you enter the number of hours. If you choose not to complete this screen, the rates does not default in. If you enter the rates directly on the Manage GLC Budgets By Period or Manage GLC Total Budget screens, the rate times hours calculation still occurs.