---
sourceDocument: Australia Asset Management
sourceDocumentLink: https://servicenow-prod.fluidtopics.net/r/it-asset-management

 Release :

    - australia

ft:locale :

    - en-US

ft:publication_title :

    - Australia Asset Management

ft:clusterId :

    - itam

bundleId :

    - itam

workflow :

    - Technology


---

# Create a rate card and assign a user or asset

# Create a rate card and assign a user or asset {#ariaid-title1}

* Release version: Australia
* 
* Updated March 12, 2026
* 
* ![](https://www.servicenow.com/docs/portal-asset/ico-clock) 1 minute to read

You can assign a user or asset when you create a rate card. You can only assign the
user or asset that is assigned to the contract.

## Before you begin

Role required: financial_mgmt_user, asset, or contract_manager

## Procedure

1. Navigate to Contract ManagementContractAll.
2. Select a contract with an assigned user or asset.
3. In the Contract Rate Cards related list, click New.
4. Specify a Start date.  
   For financial calculations to work, the date cannot be before the start date of the contract.
5. Right-click the header bar and select Save.
6. In the Asset Covered or Rate Card Users related list, click New.
7. Select the Asset or User who is assigned to the contract.  
   Only assets and users associated with the parent contract are listed.
8. Specify a Date Added.
9. Click Submit.
**Previous topic:** [Add a user or asset to a contract](https://servicenow-prod.fluidtopics.net/Rd3IMmIzA9qNYbS9wcoz0g "You can add a user or asset to a contract to generate expense lines.")  
**Next topic:** [Configure rate card expense generation](https://servicenow-prod.fluidtopics.net/jgSeoJ4dMQmMW0Dd_lZnMw "After assets or users are added to the rate card, you can use the Distribute cost field in the Financial section of the contract to generate rate card expenses.")

*[\>]: and then