"More" button for changes to Rates

When a rate, task prorating or overtime prorating value is changed, or when an employee is assigned a new charge or pay rate, several options (via the More button) are available that determine what changes, if any, are made to future time entries (budgeted costs) and approved time entries (actual costs).

How edited rates affect future time entries (estimated costs):

When a rate is changed or when an employee is assigned a new rate, the new rate is automatically applied to all future time entries, except where the rate was manually edited using the Budgeted Time & Costs view.

 

The same rules apply when a task prorating is edited.

 

Notes:

  • When a rate is modified, the new rate is also automatically applied to budgeted (estimated) costs displayed in the Budgeted Time & Costs view and in various reports, except where the rate was manually edited using the Budgeted Time & Costs view.

  • Modifying overtime proratings does not alter budgeted costs as these are not used in calculating budgeted costs:
     

    • Estimated company cost = (estimated hours + adjusted hours) x rate of wages

    • Estimated client cost  = (estimated hours + adjusted hours) x rate charged x task prorating

 

 

Options for editing rates on approved time entries (actual costs):

When a rate is changed or when an employee is assigned a new rate, a "More" button appears next to the field. Clicking the More button offers 3 options that determine what changes, if any, are made to approved time entries (actual costs) displayed in the Actual Time & Costs view and in various reports. The new rate is automatically applied to future time entries except where the rate was manually edited in the Budgeted Time & Costs view.

 

 

The same rules apply when a task prorating or overtime prorating is edited.