Navigating a Rate Change Matrix Component

Objectives
After completing this lesson, you will be able to:

After completing this lesson, you will be able to:

  • Explain what a Rate Change Matrix Component represents in an SAP Fieldglass Rate Structure.
  • Navigate a Rate Change Matrix Component admin object.

Rate Change Matrix Component

Rate Change Matrix Components are the specific rules created for use in Rate Change Matrices.

The Rate Change Matrix Component allows the buyer to define the components, other than the default components, that define changes to rates or fees that occur over the period in which the worker is engaged.

The rate change matrix component object allows the buyer to define additional custom lookups or rules that can be included on a rate change matrix. A separate object needs to be created for each component that will be included on a matrix. Once the components are created, a Rate Change Matrix admin object is created and the components are added to it.

Navigating the Rate Change Matrix Component Admin Object

Select the Rate Change Matrix Component admin object from the Rate Structure section of the admin menu to view the list of rate change matrix components that WorkingNet uses.

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