...
- When you create a task, its Billing type is automatically set to the project's Billing Type.
- When a task's billing type is Time & Material, then the Billable option is always checked for time entries and expenses made against such task.
How Revenue
...
is calculated
| Planned Labor Revenue | Planned Revenue | Actual Labor Revenue |
| Actual Revenue | |||||
Task | No Billing | It is 0 since this is a Fixed Price | It is 0 since this is a Fixed Price | Approved Time entries which are billable | Actual Labor Revenue + Task’s Fixed Price + Approved Expenses (billable) |
| With Fixed Price | It is 0 since this is a Fixed Price | This is always equal to the Fixed Price amount of the task | Approved Time entries which are billable | Actual Labor Revenue + Task’s Fixed Price (after it is completed) + Approved Expenses (billable) | |
| With Time & Material | Resources Planned Effort * Bill Rate | Resources Planned Effort * Bill Rate | Approved Time entries which are billable | Actual Labor Revenue + Approved Expenses (billable) | |
| Project | With Any Billing type | Sum of all its tasks | Sum of all its tasks | NA | Sum of all its tasks |