You can bill the Time and Expenses spent on a project.
For every project you can decide if the project will be billed as a fixed price, or on an Hourly basis. You can choose the Billing Model as a project setting to be either Fixed price or Hourly based.
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Amount (Act, Billable) of project = Amount (Act, Billable) of all topsmost task.
Amount (Act, Billable) of task = Hours (Act, Billable) + Approved expenses marked as billable. |
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- Estimated Billing is recomputed for all projects that are Not Archived and for tasks which are not 100% complete.
- New rate is applied to all time entries that are in "Saved" state after they are submitted for approval.
- Those in "Pending approval", "Approved" or "Invoiced" continue to show the old rate. The manager can edit the time entry to change that rate if required.
- Actual Billing remains the same
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Time code based
You can define time codes that represent a service or activity performed on a task. Billing amounts are computed based on the number of hours of approved time and the time code's bill rate.
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