Day Rates

Modified on Mon, 20 Oct at 3:51 PM

Day rates allow you to specify a fixed cost on an item type which is applied when the item type is selected in a CE/TI.

To enable day rates:

Navigate to Company Settings >Finance
Check the box for "Enable Day Rates"
Save

Configure the day rate on an item type

Navigate to Finance > Item types
New item type
Check the option for "Enable day rate"
Set the day rate value and day rate hours
Save

When creating an cost estimate or invoice with this item type, the day rate will be applied accordingly.
When creating tasks from a Cost Estimate, the day rate hours will be applied to task time allocations.