Customize billing rates for job roles
In this step, you will learn how to manage and customize billing rates for job roles within a project. You will explore the flexibility of setting multiple billing rates for the same job role and how to ensure accurate time-based adjustments. This knowledge will help you tailor billing rates to fit the specific needs of your projects.
Key takeaways
- Default Billing Rate: The system administrator sets a default billing rate for each job role, but it can be customized for individual projects.
- Flexibility in Billing Rates: You can create multiple billing rates for the same job role within a project, allowing for tailored adjustments.
- Time-Specific Rates: Billing rates can be set for specific time periods by adding start and end dates, ensuring accurate rate application during different phases of the project.
- Easy Customization: Changes to billing rates are straightforward—select the job role, input the new rate, and save the updates directly from the “Billing Rates” tab.
This concludes the module on managing finances for client projects. You now have a comprehensive understanding of updating finances, tracking expenses, and customizing billing rates to streamline your billing processes.