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TM - Daily Billing Rates

We have several contracts that we bill some labor or equipment by the hour and some by the day.  The T&M module does not allow us any flexibility to bill anything but by the Hour.  Changing all of the rates and quantities to the Day Rate is quite time consuming.
  • Guest
  • Apr 23 2018
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  • Tina McElrath commented
    October 26, 2018 14:58

    Forum Posts

    I absolutely agree. 

    The billing approach on the revenue side for T&M limits us. We have the ability to charge Hr/Day/Wk/Mon to the job on the cost side, but only 1 rate on the T&M revenue side. 

    Example:

    EQUIP1 and EQUIP2 both have bill rates of $50. I've setup T&M Billing Job100.

    I charge EQUIP1 for 1 hour to Job100
    I charge EQUIP2 for 1 week to Job100

    The T&M Billing only has one rate (hours/units). There is no way to differentiate Hr/Day/Wk/Month.

    Billing to the customer:
    EQUIP1= 1 x $50 = $50
    EQUIP2 = 1 x $50 = $50

     

    This requires manual intervention when you have billing units that differ from what is set up as the single billing rate/level.

     

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