New Rate

This field enabled only when Rate Option is set to R-Labor Rate or F-Earnings Factor.

Specify the rate that will be used for billing labor for this category. Rate only applies to detail posted on or after the effective date specified in JB T&M Template Setup and displayed in the New Labor Rate Effective Date field on this form (for example, if restricting by earn type, only labor detail posted to the category/earn type will use this rate).