Bill Rates and Cost Rates
To adjust the hourly rates for resources in Beeye, follow these steps:- Access the Resources Page: Navigate to the Resources page in Beeye, where you can see the list of all the resources in your organization.
- Select Resources: Use the available filters to find the resources whose hourly rates you wish to adjust. Once identified, select them by checking the box next to their name.
- Modify Rates: With the resources selected, you will see the options Bill rate and Cost rate appear in the quick action bar. Click on the appropriate option depending on the rate you want to adjust.
- Set the Rate and Period: A panel will appear on the right side of the screen. Here, you can enter the new hourly rate and specify the validity period for this rate. This is crucial for maintaining an accurate history of hourly rates and ensuring that changes apply to the correct periods.
Note: Changing hourly rates is a significant action that can impact cost planning and the profitability of projects. Ensure you communicate and validate these changes with relevant parties before applying them.