While runjing the process of Generate Invoice for Intercompany, we are getting the error.

Summary:

We have the set ups done for Intercompany transaction for Contract Invoices.

The transaction was identified while running "Identify Cross charge Transactions"

After that we ran the Process of "Generate Invoices" for Intercompany.

We are getting following error

Cause :The nonlabor rate schedule used on the bill plan for this transaction doesn't have an active nonlabor bill rate or markup percent. Additionally, the bill plan doesn't have a nonlabor override rate.

Action : You must enter either a nonlabor bill rate or a markup percent for the date of this transaction in the nonlabor bill rate schedule. Optionally, you can enter a nonlabor override rate on the bill plan for this transaction.