Cost rates

A cost rate is what an hour of someone’s time costs your business. It isn’t what you charge the customer.

1. Open Settings → Users.
2. On the person’s row, open the menu and select Cost rates.
3. Select Add rate.
4. Enter the date it applies From, the Cost per hour and the Overtime × multiplier, for example 1.5.
5. Save.

Time from that date costs at the new rate. Earlier time keeps the rate it had, so a pay rise doesn’t change old jobs.

Someone with no rate uses the cost on your default labour rate. If there’s neither, job costing warns that some time has no cost rate.

Only people who can see costs and margins see cost rates.