What tools are supported by Rates?

Rate tables centralize and standardize your labor and equipment rates across all projects.

When you create rate tables, you define cost and billable rates for labor and equipment. You can also define which rates can be overridden at the project level.

Rate tables are then applied to projects and referenced by different Procore tools such as Timesheets and Equipment. They can be viewed in 360 Reporting, Analytics, and within some Procore tools.

Rates can be applied in the following tools:

• Change Events created from T&M Tickets

  • Rates are configured in T&M Tickets and applied to Labor and Equipment entries. When a Change Event is created from a T&M Ticket, the revenue unit cost in each change event line item is pre-populated based on the rates from the T&M entries.

  • These cost rates are visible in the Change Event in the Change Events tool.

• Equipment

  • View rates when viewing equipment in the Project or Company level Equipment tool.

  • Rates can be viewed in 360 Reporting or Analytics.

• Timesheets

  • Can be applied to Equipment and Labor timecard entries, however they are not displayed in the Timesheets tool.

  • Rates can be viewed in 360 Reporting or Analytics.