---
sourceDocument: Yokohama IT Asset Management
sourceDocumentLink: https://www.servicenow.com/docs/r/yokohama/it-asset-management

 Release :

    - yokohama

ft:locale :

    - en-US

ft:publication_title :

    - Yokohama IT Asset Management

ft:clusterId :

    - itam

bundleId :

    - itam

workflow :

    - Technology


---

# Create a labor rate card in Enterprise Asset Workspace

# Create a labor rate card in Enterprise Asset Workspace {#ariaid-title1}

* Release version: Yokohama
* 
* Updated January 30, 2025
* 
* ![](https://www.servicenow.com/docs/portal-asset/ico-clock) 1 minute to read

Create a labor rate card to capture costs by the time consumed on an hourly basis.

## Before you begin

Role required: sn_eam.enterprise_asset_manager

## About this task

Labor rate cards are included in the base system. Except for the Number field, all other fields on the default labor rate cards are editable. You can't delete any of the base system labor rate cards.
The following steps are to create a labor rate card.

## Procedure

1. Navigate to Enterprise Asset WorkspaceAdmin centerTCO configurationLabor rate card.
2. Select New.
3. On the form, fill in the fields.  
   {#create-eam-labor-rate-card__table_z5c_y1x_4zb__entry__2}

   | Field | Description |
   |-|-|
   | Number | A unique number automatically created for each labor rate card. |
   | Name | Name of the labor rate card. |
   | Rate code | Code for each labor rate card. |
   | Rate type | Standard rate type. You can add your own rate types. |
   | Active | Indicates if the labor rate card is being used or not. By default, this check box is selected. |
   | Short description | Short description of the labor rate card. |
   | Hourly rate | The currency code and the cost per hour. |
   | Set conditions | Filter to run on the table selected to determine whether this rate card applies to a given task. This field uses the Condition Count widget to preview what records would be returned by the conditions. |
   | Description | Detailed description of the labor rate card. |
   [Table 1. Create New Labor Rate Card]

   {#create-eam-labor-rate-card__table_z5c_y1x_4zb}
4. Select Save.  
   After a labor rate card is created, expense lines are created based on the value in the Use time worked field.
{#create-eam-labor-rate-card__steps_s31_2ll_pzb}

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