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Billing rate
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The rate used to bill a client for work or expenses incurred on a project.
Ajera determines the billing rate from the billing rate table or the activity setup (for unit-based expenses) and calculates the billing amount from the rate.
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Ajera first looks at the exceptions table in the billing rate table to find the billing rate.
If it does not find it there, it looks elsewhere (employee setup, activity setup, and so on) for the cost rate, which it multiplies by the markup percents in the billing rate table to determine the billing rate.
If it cannot determine the billing amount, it alerts you in the Client Invoice List.
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Billing amount
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The amount billed on the client invoice for the transaction.
In Manage > Client Invoices, if you change a billing amount that uses markups, the markups are cleared and it becomes a standard billing rate (also called a flat rate).
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For Time & Expense billing, Ajera determines billing amounts by multiplying the billing rate (see above) by the number of hours/units entered in the timesheet, expense report, vendor invoice, or in-house expense log for the project-related transaction.
For unit-based expenses, Ajera uses the activity setup, not the billing rate table.
For fee-based billing, you determine the billing amount in the client invoice.
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