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Overriding Project-Level Billing Rates with Company-Level Billing Rates

You can configure a project to use company-level billing rates instead of project-level billing rates:

Enabling the Company-Level Billing Rates Override Option

When a company is associated with a project and this option is enabled, changes made to the company-level billing rates override the billing rate set on the project.

When a user manually recalculates finances on the project, any changes to the company-level billing rates are applied. Historical revenue calculations are also overridden unless they are marked as billed.

  1. Go to Projects in the Global Navigation Bar.
  2. Select a project.
  3. Click Edit Project in the upper-right corner of the page.
  4. In the Finance section, enable the Allow company-level billing rates to override project-level billing rates.
    WARNING Enabling this option overrides historical revenue calculations unless they are marked as billed. You can preserve the historical revenue calculations by creating a billing record. For more information, see "Creating Billing Records."
  5. Click Save Changes.

Updating Company-Level Billing Rates and Applying Them to the Project

After you have enabled the company-level billing rates override option on a project, changes made to the company billing rates apply to the project any time the finances are recalculated.

NOTE Users must have access to Companies in their access level to update company-level billing rates.

  1. Go to Setup in the Global Navigation Bar, and select Companies.
  2. Click the name of the company that is associated with the project for which you enabled company-level billing rates override.
  3. Click the Billing Rates subtab.
  4. Select the job role to edit, and enter the new billing rate for that job role in the Company Billing Rate field.
  5. To update company rates for one or more projects, do one of the following:
    • Multiple projects:
      1. Go to Projects in the Global Navigation Bar.
      2. Select the checkbox inline with the projects you want to update.
      3. Click Edit.
      4. In the Finance section, enable the Recalculate Costs And Revenues option. 
      5. Click Save Changes.
    • Single project:
      1. Go to the project for which you enabled company-level billing rates override.
      2. Click Project Actions in the upper-right corner, then Recalculate Finance.
This article last updated on 2018-11-07 18:23:44 UTC