Time & Expense
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You bill the client for actual hours worked and expenses incurred on
the project. You can use this type if you bill the client with a billing
rate or a markup of cost.
For projects
set up with a Time & Expense billing type, and for fee-based projects
where you have selected to bill labor, expense, or consultant as time
and expense and entered a contract amount, then if billing exceeds the
contract amount, Ajera alerts you by highlighting the invoice amount in
red. It also prints Maximum Exceeded on the draft invoice.
You can adjust the invoice amount, if needed.
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Fixed Fee
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You charge the client a fixed amount for the project and bill a fixed
amount on each invoice.
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Percent Complete
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You charge the client a fixed amount for the project. You bill a percentage
of the total amount based on the amount of the project that is complete.
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Unit Price
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You charge the client a price per each unit completed, such as square feet.
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Percent of Construction Cost
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You charge the client for the actual or estimated cost of construction
for the project.
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Nonbillable
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You do not charge the client for the project. You can enter and track
time and expenses, but the client cannot be invoiced.
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Marketing
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You track the marketing cost for the project. You can change this billing
type to one of the billable types after the project is won. You can enter
and track time and expenses, but the client cannot be invoiced.
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Overhead
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You can optionally set up an overhead project to track your internal
expenses. You can enter and track time and expenses, but no client is
associated with the project and no invoice is produced.
Note:
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You cannot
change an Overhead billing type to a billable type.
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Adjustment
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Appears only when working with an adjustment phase.
You increase or decrease an invoice amount by adding an invoice adjustment. When you add an adjustment, Ajera automatically assigns it a billing type of Adjustment, which cannot be changed.
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