This parameter determines the default employee labor rate to be used on a time entry record.

'Employee' - Use the labor rate from the employee User record. 

'Project cost type' - Use the labor rate from the project cost type defined on the time entry line.

Level of localization/Global variable

This parameter is defined at the level Folder. It belongs to Chapter TC (Common Data) and the Group PJM (Project management), The following parameters are also associated with this chapter and group :

No global variable is associated with it.

Functions impacted

The following functions are associated with this parameter :

  Projects > Time management > Time entry

  Projects > Time management > Weekly timesheet

Activity codes

The following activity codes (sorted by type) are associated with the parameter :

  PJM :  Project management

Comments

This parameter is used in the Time entry function to initialize the employee labor rate field. This is the rate used by the financial overview queries for the valuation of time entries (actuals).