Rates
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Home Page → Schedule of Rates
(Select the Module Name "Schedule of Rates" and Master Name "Rates")
The "Search Rate" functionality enables users to search for the rate of a particular Schedule of Rates (SOR) and subsequently open it to access and view detailed information. This feature streamlines the process of locating and reviewing specific SORs rate within the system.
The "View Rate" feature empowers users to access and review the details of a specific Schedule of Rates (SOR) rate. This functionality provides a comprehensive view, allowing users to examine and understand the specifics of the rate structure.
The "Add Rate" feature empowers users to add a rate to an SOR with a future effective-from date and closes the existing rate by updating its effective-to date to one day before the newly added rate effective-from date.
From the search rate page, click on 'Add Master Data'.
Enter an SOR Code to which a rate needs to be added.
Add the head wise rate using “add Amount Details”
Enter the consolidated amount into the rate field and click 'Add Data'.
Rate is added and the success page is displayed.
The "Edit Rate" feature enables users to edit the existing rate with the same effective-from date. This helps users correct any rate they entered incorrectly.
To edit the rate, select 'Edit Rate' from the view rate page.
It opens the rate in edible mode, the user can make the changes in the existing rates, add/remove a head and then save. System makes the existing rate inactive and adds a new one with the same “effective from” date.
