We frequently get questions related to management of hourly rates, and we here have tips for the most frequently asked questions.
New hourly rate – from the project
To enter new hourly rates on the projects, the project manager needs access, which is provided in the system administration.
Hereafter, new hourly rates may be created by navigating to the Resource group tab, clicking New hourly rate and entering the information.
Customer adapted hourly rate
Please note that price groups are used for other currencies, e.g. DKK, SEK or NOK, and price lists are used for customer specific hourly rates. If you want to adjust a customer specific hourly rate, you can copy an existing customer price list, change the amounts and thereby invoice your customers a different price.
Adjust hourly rate
You can adjust your hourly rates in the System administration -> Finance -> Hourly rates. At the top, you choose the price list you want to change.
Here you enter the new hourly rate and enter the date from which the change is effective. The date may be set with today’s date or earlier, and the system automatically finds all not yet invoiced time registrations and make the changes. Besides this, allocations, resource groups, task prices, project prices and employee specific hourly rates are adjusted automatically.