Each stage of the project has a fee type assigned. The fee type is used to control the invoicing or billing method for the stage.
Setup required before use | Who can use it? | Where is it? |
N /a | Assistant project manager* Project manager Director access Assistant administrator System administrator
*Can view projects only. Project Manager level or higher required to add new stages. | Projects > Work breakdown |
Fixed fee - define the total fee value to be invoiced to the client. Transactions are not required from timesheets or expenses to invoice the client. A lump sum invoice can be created for this type to pre-bill the client for project works.
Percent of contract - the stage fee value is calculated as a percentage of the total contract value. Transactions are not required from timesheets or expenses to invoice the client. A lump sum invoice can be created for this type to pre-bill the client for project works.
Hourly rates - the client is billed the hours the staff have worked, or the cost of the expenses incurred (plus any mark ups applied). This is invoiced by default to the client at the rate value. There is no limit to the value that can be invoiced to the client with this invoicing method. Transactions from staff timesheets or expenses must exist before an invoice can be created.
Capped rates - the client is invoiced up to a defined maximum value for the hours staff have worked, or the cost of the expenses incurred. . Transactions from staff timesheets or expenses must exist before an invoice can be created.
No billing - no invoices can be created for this stage. Any non-billable project stages have this fee type applied by default. All transactions assigned to a stage with this fee type are automatically written off.
Tip: The advanced work breakdown structure must be enabled for the project before you can select a fee type against a stage.
Fee types overview
| Fixed fee | Percent of project | Capped rates | Hourly rates | No billing |
Set and agreed fee total value | Y | Y | Y | N | N |
Maximum fee limit | Y | Y | Y | N | N |
Transactions required to invoice | N | N | Y | Y | N |
Change the transaction hours / rate on invoices | N | N | Y | Y | N |
Enter budgets | Y | Y | Y | Y | Y |
Change to this fee type allow once invoices exist | Y | Y | Y | Y | N |