Material: Billing Rate

This field only displays for work order and work order quote scopes with a Time and Materials pricing method and agreement services with a Time of Service, Rate Template pricing method.

Display only, the billing rate for the selected required material sequence. Rate defaults based on the rate basis, rate type (markup or discount), and the markup/discount rate (standard or advanced) defined on the template associated with the agreement service, work order quote scope, or work order scope.

Note: The system uses a specific hierarchy to determine the markup and discount rates to use for calculating billable rates. For more information, see Material Rate Hierarchy.