How do I fix Project fee according to the Task duration?

Updated on June 28, 2017 05:09AM by Admin

Invoices App allows you to bill a project, by milestoneflat fee, or time and expenses. Time and expenses allows you to bill a customer for billable hours (the hours spent on tasks for a project). In order to fix a price regarding the duration of the tasks. To get started, first you'll need to configure the Projects settings.

Create a new project

  1. Enter the project name.
  2. Set the start and end date.
  3. Set the project status and priority.
  4. Choose the billing method as “Time and Expenses”.
  5. Give the Estimated Effort (Note: its optional)
  6. Click on “Create” to create a project.
    create a new project
  7. You should view a project overview page with a project budget section.

Adding an Employee

  1. After creating the project, move to the team tab, you should view the existing employee names under employee team.
  2. If you want to add a new employee to this project, add them by clicking on “Add Employee” button.
  3. Fix the billing rate for the employees.
    employee billing rate

Flows to be followed while creating a Task,

  1. Choose the milestone tab after creating the project, add tasks in a project.
  2. Add a task description.
  3. Set the task duration.
  4. Assign the task to an employee.
  5. Check / uncheck Billable check box.
  6. If the billable checkbox is checked, the task should be allowed to invoice.
  7. If it is unchecked, the task should not be added for invoicing.
  8. Set the status of the task.
    create a task

Flows to be followed while billing the Project

  1. Check out the project total fee in project overview page, the task duration gets multiplied by the billing rate of the Task Assignee (employee who involved in a task).
  2. You would also allow adding more than one task.
  3. The task duration gets added and multiplied by the employee billing rate.
    project overview

    Project Budget section involves,

    Billing Method – It shows the method what you have chosen.

    Project Total Fee – Total fee for a project.

    Amount Invoiced – This has already been invoiced.

    Amount To Be Invoiced – This needs to be invoiced.

    Estimated effort – The hours given by the customer.