Configure Flat Rate Columns

To build a rate table, you must first define its columns. Rate columns categorize your rates by type (labor or equipment) and financial purpose: cost rates represent the internal expense incurred by using a resource, while billable rates represent the amount charged to a client.

Additionally, the Allow Project Overrides setting controls flexibility. If enabled, projects can customize the rates assigned from the company level. If disabled, projects must use the rates as-is. Typically, you will keep overrides disabled for fixed internal costs, but enable them for billable rates so projects can adjust pricing to match specific client contracts.

• Required User Permissions

• After you create a rate, the Resource Category cannot be edited.

• Columns cannot be deleted. However, they can be edited and repurposed.

1. Navigate to the company's Rates tool.

2. Click the configure settings icon.

3. Click Create and select Flat Rate.

4. Enter the flat rate column information.

   Show/Hide Fields

   • Name. The name of the column.

   • Rate Category. Whether the rate is a cost or billable rate.

   • Resource Category. Whether the rate is applied to equipment or labor.

   • Unit of Measure. The unit of measure applied to the rate.

   • Description. A description of the rate.

5. Set Overrides and Privacy.

   • Allow Project Overrides. Mark the checkbox to allow project rate admins to override the value for their specific project.

6. Save the column.

   1. Click Save to save changes made to the column.

   2. Click Save as New Column to create a new column.