| Tip | ||
|---|---|---|
| ||
|
| Excerpt | ||
|---|---|---|
| ||
set billing rate, RDC rate, and rate transfers for a role |
...
To reach this area open any Role and go to the Rates tab.
Permissions and Settings
...
View the contract and billing rates on this role. Optionally put an override in place to use your own rates. If you are not familiar with contract or billing adjusted rates see Explain the different types of revenue in Projector
| Field | Description |
|---|---|
| From / To | The date ranges here auto-populate based on your resource history. Default rates are derived from the project's rate card and the resource's department and title. If the Overridden column has a checkbox then a time-phased rate override was manually inserted. |
| Contract Hourly Rate | Set the contracted hourly rate (CR) |
| Billing Adjusted Hourly Rate | Set the billing adjusted hourly rate (BAR) |
Overridden | When a checkmark is shown, this row was manually inserted |
| Click the pencil icon to override the rate for this date range. Click the trash can icon to delete a rate override. |
When you set a billing rate, you can optionally leave the date fields blank. This creates an override for all of time.
...
Resource direct cost is the hourly rate at which you reimburse rates for their labor. The prepopulated
| Field | Description |
|---|---|
| From / To | The date ranges here auto-populate based on your resource history. Default rates are derived from the the project's cost center and the resource's department and title. If the Overridden column has a checkbox then a time-phased rate override was manually inserted. |
| RDC Hourly Rate | The hourly RDC rate for this time period |
Overridden |
| When a checkmark is shown, this row was manually inserted |
| Click the pencil icon to override the rate for this date range. Click the trash can icon to delete a rate override. |
Revenue and Resource Direct Cost Transfer Rates
...
With regards to revenue routing on the Project Advanced Setup Tab - there are some considerations to be made. If you choose to route revenue to different cost centers on that tab, it does not have any effect on the routing you define here. It would technically be possible to route everything outside of the engagement and resource cost centers to a third cost center - meanwhile the transfer rates according to this role would still be happening. That would be a highly unusual situation. You should typically have the advanced tab routing revenue and RDC to engagement and resource cost center's respectively.
| Field | Description |
|---|---|
| Revenue Transfer Hourly Rate | Transfers are done in the engagement's currency. How much revenue would you like to transfer? |
| RDC Transfer Hourly Rate | Transfers can be done in any currency defined in your Currencies and FX Rates Editor. Although they will typically be done in the resource's currency. How much RDC would you like to transfer? |