SN System Properties Reference
Property reference

com.snc.resource_management.use_budget_reference_rates

The property enables the use of budget reference rates for calculating the cost of requested or allocated resources based on labor rate cards. Admins should review this setting to ensure accurate cost calculations, especially when managing budgets and resource allocations.

Default: true Type: boolean Application: Global

Key questions about this property

The answers below summarize the purpose, scope, default effect, and review scenarios for this property.

What does it do? It determines whether budget reference rates or exchange rates are used for calculating resource costs in the system.
What area does it affect? Resource Management
What does the default mean? The default value is "true", which means this behavior is enabled by default.
When should you review it? Review this property when adjusting budget calculations or resource allocation strategies.

Out of the box property record

Raw metadata from the property record.

Property name com.snc.resource_management.use_budget_reference_rates
Sys ID fd947b690b301300c47d46c863673a13
Type boolean
Application Global
Default value true
Description Use budget reference rates to calculate the Resource requested/allocated cost to derive hourly rate from Labor rate cards
Updated 2018-10-31 22:05:13

Sources

Official references and nearby text excerpts where this property appears.

Documentation excerpt View supporting context
Context preview Snippet 1
... the resource details should be shown in the resource finder. 24 Use budget reference rates to calculate the Resource requested/ allocated cost to derive hourly rate from Labor rate cards (com.snc.resource_management.use_budget_reference_rates) • When the property is set to Yes, the budget reference rates [itfm_fx_rate] are used to calculate the resource requested or allocated cost. • When the property is set to ...