This activity is used to define a combined job rate parameter for Report Code and Time Type, which are similar concepts but in different components, in order to simplify rate agreement data setup.
Job Cost Time Types are defined per company. There are four system defined categories as Basic, Overtime, Extra Time and Other that a user can assign one for each Job Cost Time Type. Only the Job Cost Time Types that are categorized as Overtime can be marked as count for Blended Overtime which is then allowed to go for more accurate overtime rates using weighted average method. In that case the basic rates that should be considerd as the base for the overtime calculation are identified using the Time Type Basis. Once the Job cost Time Type is defined, Report Codes and Time Types can be grouped under that.
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