Your Own - Rate Sets

Normally you can have one or more rate sets in one rate file and recommended this way rather than multiple rate books/rate files. The key thing is to have each record with the proper starting date of whatever group of rates changed. The ending date would be the day before the next change or rates either by the normal start of a new rate period or a trade or local rate change.

 

If at all possible for maintenance efficiency, we do recommend one rate book like COMPANY for even multiple regions i.e. Northern California - Bay Area, Northern California - Central Valley, Southern California, San Diego, or a grouping of intersecting Trade Locals that represent an area such as where Laborers and Operators and Carpenters might have multiple locals in the Bay Area or Electricians with their multiple locals in the Bay Area.