How do I amend Charge Rates?
Article ID
ias-1171
Article Name
How do I amend Charge Rates?
Created Date
19th January 2004
Product
IRIS Time and Fees
Problem
How do I amend Charge Rates?
Resolution
From time to time you may need to adjust your staff charge rates. For example, if you have to review your staff salary and want this reflected in the charge rates.
To change an existing charge rate:
- Log on to Time Ledger from the IRIS Main Menu as Master/Staff with Super User Permissions
- Click on File | Charge Rates
- The Charge Rate screen will be displayed, highlight the Charge Rate that you would like to edit and click on the View button.
- Charge Rate screen will be displayed, click on the New Date button
- The Charge Rate Value screen will be displayed, Enter the date that the Rate needs to commence from and the Actual Charge in the Rate per hour field.
- Click on the Save button.
Tip: The charge rate is taken into account at the point of posting. If you change the rate or date effective will not retrospectively affect previous entries and only effect future postings.
It is recommended to enter a new date from when the Charge Rate needs to be used, rather than replacing the existing ones, as postings made with a date prior to the effective date will maintain the old rate for ledger consistency
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