User Cost Rates

User cost rates are used to calculate the Estimated and Actual Costs of a task and defined at a Company level. This can however be overridden at the project level. 

Please note that when you change the User Cost Rate:

  • The Estimated Cost is recomputed for all projects that are Not Archived and for tasks that are incomplete.
  • Time entries with Pending approval continue to show the old rate. The project manager can manually edit the time entry to change the rate if required.
  • Actual Cost remains the same.