Ways to bill your project
One of the useful parts of project setup is choosing the 'Billing method'. It drives how you’ll report on your projects and how you’ll bill for the work done.
Project billing methods
An admin can set a billing method by going to the 'Projects' page and clicking the 💲icon (or select multiple projects and apply settings in bulk) and directly inside some integrations by means of our browser extension.
Non-billable projects: you can track time to non-billable projects, but you can’t create invoices for them. As an example, it could be an
internal project used to track pre-sale activities or training within your company and analyze associated costs in reports.
- T&M (project rate): you’ll enter just one hourly rate for the entire project. This rate gets applied to all billable hours tracked to the project, regardless of who works on it.
- T&M (members rate): billing based on the hourly rate for each member of your team. Each team member you add to the project will need to have a billable rate entered. You can make all employee's time non-billable in the project by setting its rate = 0.
- Fixed-fee: choose if you’re billing your client a fixed amount of money for the overall project. These projects will have a set price, no matter how many hours are worked.
Custom billing rate for tasks
By default, everything you and your team report into a billable project is considered to be billable according to the billing that you set for this project. However, you can set custom billing rates per task.
You can do that for both external and internal projects (admins only). To do that for external projects, open a project on the Projects page > Task tab, and click on the $ sign in the rightmost column:
Or you can click on a task name of both external and internal projects and set a custom rate for it on the task window:
Also, you can do that in your Asana, Basecamp, and ClickUp accounts by clicking on the $ icon there: