Consider these the following points when entering time and materials wage rates:
1 | Open 3-10-5 T&M Wage Rates. |
2 | In the Description text box, enter a brief statement about the wage rates table. |
3 | In the Employee cell, enter the employee number. |
4 | If you want to assign a cost code to an employee, enter the cost code in the Cost Code cell. |
5 | In the Rate 1 cell, enter the regular billing rate. |
6 | In the Rate 2 cell, enter the overtime billing rate. |
7 | In the Rate 3 cell, enter the premium billing rate. |
8 | If you want to charge for a minimum number of hours, enter the minimum in the Minimum Hours cell. |
9 | If an employee works less than the minimum number of hours, Sage 100 Contractor bills for the minimum number of hours. |
10 | Repeat steps 3–8 for each employee you want to include. |
11 | On the File menu, click Save. |
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For additional training on Sage products, visit Sage University.