Rate schedules
Screen reference
Rate schedules define the price lists used to calculate billing amounts for labor categories, products, or services.
What you can do
- Create rate schedules before configuring billing rates.
- Assign rate schedules to projects so tasks and time can inherit appropriate rates.
- Use one rate schedule per client, contract, or project type when pricing differs.
- Review rate schedules before generating invoices.
Environmental consulting example
An environmental agency contract may use a negotiated rate schedule different from a private developer contract.