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Planview Customer Success Center

Effective Dates

Effective dates define the range of time during which a rate is applied to a role or resource. Effective dating allows you to plan for and configure multiple rates that are to be applied to roles/resources at pre-defined dates.

You configure rates in "tables", which allow you to enter multiple rates with corresponding date ranges. For example, the rate table below would read as follows: The $45 rate is in effect until 2/28/2017; the $50 rate is in effect from 3/1/2017 onward (no end date):

example_rate_table.png

You are not required to have multiple date ranges, but can simply have one rate and one generic date range of Past - Future:

example_single_range.png

Rate Tables

  • Each table must have an open-ended rate for the past and/or future time frame.

  • A rate table can have a single rate that is effective from "past" to "future".

  • A rate table with multiple rates could have one rate that applies to the past up to a certain date, another rate that applies from one date to another date, and a third rate that applies from one date to the future. All rates in a table must have a continuous timeline of effective dates. For example, if one rate ends on March 31, 2015, then the next rate must begin on April 1, 2015.

three_rates.png

You can have as many rates as are needed in a table.

  • Individual rates can be deleted, but each table must have at least one rate and any remaining rates must have continuous effective dates per the above requirements

  • If you have configured the system for two rates, then both rates are required

After you create rate tables, you assign them to roles and/or resource.