Override staff rates per project and phase by using project rates.
Video Walkthrough
Written Guide
To assign a custom rate for a project or staff role, navigate to the Project Details page. Here, select the Rates tab and click on the +Add Rates button.
Filling in the Rate Details
You will then need to fill in the details under each column.
From Date: This is the date from which the established rate becomes active.
Staff/Role: Here you can specify the staff member or role to which the rate applies.
Phase: This field is optional but can be useful if a staff member has a unique or custom rate for a specific project phase.
Cost Rate: This represents the total hourly cost your organization incurs for the project work, which includes the amount paid to the staff per hour.
Charge-out Rate: This is the amount that you bill the client for each hour of the staff member's time.
You can set multiple custom rates for various staff members by clicking on the +Add Rates button again. If you wish to delete a rate, simply click on the X icon next to the charge-out rate field.
Once you have set up the rates and made all necessary adjustments, click on Save to secure these changes.
Please note that these set rates will override any existing staff rates for the specific project and will be used for invoicing and generating reports.
This feature is particularly useful for providing clients with certain discounts or when a staff member assumes a different role and you wish to bill a different amount for their time on the project.