Billing Labor Rate Tables

Use Billing Labor Rate Tables to assign hourly billing rates to employees for their labor for billing purposes.

These rates are used in the Billing application to calculate invoice amounts for a project if you select Rate table in the Method field in the Labor section of the Rates tab in a project's billing terms and you select a billing labor rate table Rate Table field. You can set up rate tables for specific clients or industries. If you use the Resource Planning, you can use these rates to set up plans for new projects.