You can create rate cards to track contract expenses. Rate cards help to record and allocate costs.

1. Navigate to Contract Management > Contract > All.
2. Select a contract.
3. In the Contract Rate Cards related list, click New.
4. Complete the form.

   Field	Description
   Number	The contract rate card number.
   Contract	The internal contract number.
   Summary type	The contract rate card type. Categorizing rate cards can be useful for reporting. Select Grow Business, Run Business, or Transform Business.
   Name	A descriptive name for the contract rate card.
   Active	Check box that indicates whether the rate card is available for use.
   Short description	A brief description of the contract rate card.
   Start date	The date on which the contract rate card becomes active. Expense lines are generated for costs incurred beginning on the date specified. For financial calculations to work, the date cannot be before the start date of the contract.
   End date	The date on which the contract rate card becomes inactive. No expense lines are generated for costs incurred after the end date. For financial calculations to work, the date cannot be after the end date of the contract. The date is automatically set to the end date of the contract if no value is entered and the contract has an end date.
   Interval	The amount of time between rate card charges. For example, Monthly, Quarterly, or Annually.
   Cost center	The cost center financially responsible for the rate card.
   Last processed	The most recent date on which the rate card was charged.
   Next process	The next date on which the rate card will be charged.
   Description	Detailed information about the rate card.
   Sales tax	Check box that indicates whether to apply sales tax to the total cost.
   Tax rate	The effective tax rate to apply to the total cost. Tax rate is usually the average tax rate charged.
   Distribute cost	The method for distributing the amount listed in Base cost and generating expense lines.
   Value	Type of value to use when Allocate and distribute cost based on value is selected in the Distribute cost field.
   Base cost	The amount that must be paid before taxes.
   Tax cost	The total cost of the tax.
   Total cost	The final cost of the rate card after adjustments, such as taxes, have been applied.

5. Click Submit.