Consultant Billing Rates

Different consultants can use different clients billing rates.  For instance, a project manager can bill differently than an engineer.  Makes sense, huh?  This video makes it look simple.

Actually, it is simple.  Standard Time lets you assign unique project rates to each consultant.  And, those rates can vary by project.  Project A is not the same as Project B.  So the billing rates for each consultant can be unique.

This video may also help.  It describes exactly how to set up client billing rates for each consultant.

http://www.stdtime.com/videos/clientbilling.htm

How to verify client billing rates

You may also wonder how to verify that the rates are correct.  Of course, you can look at the invoice itself.  That’s the final check.  But the techniques below will also help.  They involve using the Time Log rate and cost columns to display the values you expect from each employee and project.

http://www.stdtime.com/videos/verifybillingrates.htm

Future billing rates

Consulting rates may be different in future years.  For instance, the year 2020 will likely have different rates than today.  That means you can set those rates for future years (if you know them).  Standard Time uses those future rates for project costing and revenue predictions.  Check out this video!

http://www.stdtime.com/videos/futurebillingrates.htm