More flexible project billing types
March 23rd, 2009In response to inquires from service-oriented companies that bill at employee rates rather than a set rate per task we’ve launched more flexible billing options on all projects.
Cashboard now has three project billing types, including the old default. This should stop you from having to use a workaround to bill the way you’re used to.
Explanation of the new billing types
- Task rate (default)
Invoices tasks on your project at the rate set on a per-task basis - Employee rate
Invoices tasks on your project at the rate set for each employee tracking time for it. When invoiced, tasks will be broken into multiple invoice line items – one per employee who tracked time on the task. - Non-billable / internal
All time tracked for this project is marked non-billable. These types of projects will also not show up on your dashboard under the ‘projects to invoice’ section.
We look forward to your feedback after you’ve had a chance to interact with the new project billing types. We’ve also had requests to bill projects “on a retainer” and are looking into that workflow to see if it’s viable for inclusion in this feature.
If you believe we’ve missed your billing workflow here, please let us in know in the comments section.
7 Responses to “More flexible project billing types”
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March 23rd, 2009 at 05:45 AM
I am unclear on where an employee’s billing rate is specified. I see “hourly pay rate” on the employee page and on the project details form. I am under the impression that this what I pay out to emplyees and not same as the billing rate (i.e. what clients see).
March 23rd, 2009 at 05:50 AM
Moshe, they are indeed one and the same.
However, you bring up an interesting point. During all of our communications most customers only raised the point that they’d like to bill out at the pay rate, not a separate bill-rate per-employee.
Are you expecting to see 2 boxes on the project “details” screen then? One for employee pay rate, and one for employee bill rate?
March 23rd, 2009 at 08:52 AM
Yes, two boxes per employee. A billing rate and a pay rate. The billing rate will almost always exceed the pay rate.
You need both of these rates in order to accurately do a “Company Cash Stats” report.
March 23rd, 2009 at 12:00 PM
Moshe, no problem. Small oversight that will be corrected this evening or next. Won’t be difficult to add.
March 23rd, 2009 at 10:19 PM
Moshe, thanks again for the suggestion. Added the ‘bill rate’ boxes, and the update will be live on the server by tomorrow morning.
March 24th, 2009 at 07:03 AM
Seth and Moshe:
That works terrific for our business too! A bill rate and a pay rate. I’ve been waiting for this feature for quite a while.
peace|dewde
March 24th, 2009 at 01:57 PM
Thanks Seth! I really appreciate the option to mark a project as internal, as I like to keep track of the hours that I work for myself.
Keep up the excellent work!