Rate Groups are used to categorize and organize similar Rate Types (e.g., standard, overtime) within a Time Sheet for ease of management and reporting.
They allow for clearer delineation of rate types, ensuring accurate calculation and presentation.
Excluded Options
B. Automating complexities of Rates: While rates are part of calculations, this is not the primary purpose of Rate Groups.
C. Defining changes to Worker’s Pay/Bill Rate: This is managed through Rate Schedules, not Rate Groups.
D. Allowing overtime as a Pay Rate: Overtime rates are configured but not dependent on Rate Groups specifically.
Reference
SAP Fieldglass documentation: "Time Sheet Configuration and Rate Group Setup."
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