Billable and cost rates

Everhour allows you to track both a cost rate and a billable rate (admins only). 

The cost rate is your internal rate - what an employee or contractor costs you as a business. Cost rates apply to any time a user tracks. You can apply it from a particular date to save the previous results.

The billable rate is the external rate you charge your client. Everhour uses billable rates to calculate invoice amounts. All team members can have default billable rates or you can override them per individual project. Rate = 0 will make employee's time non-billable.

Setting cost rates and billable rates

1

Set billable and cost rates from Members page.

2

You can set custom member rates for any project.