Managing rate cards in projects

Rate cards define the billable hourly rate for your roles. Rate cards are assigned to projects, used in financials and for invoicing your clients. When a new project is created you may assign a specific rate card, or use the default.  Rate cards can be assigned to projects by permissioned users, while only Admins can access the cards to make updates or add versions.

This article covers:

• Adding a rate card to a project

• Changing the project rate card

Adding a rate card to a project

Assign your rate card when creating a new project. If you do not select a rate card, the default rate card will be assigned. 

To add a rate card when creating a project

1. Click Create in the top bar. 
2. Select Project from the dropdown.
3. Complete the fields with the details of the project. 
4. Scroll down to Budget Type. 
5. Set the budget type for the project. 
6. In the dropdown, 'Select Rate Card' select the rate card you'd like to use in your new project.
7. Click Save and Continue.

Changing the project rate card

If for some reason the initial rate card you chose for your project is incorrect or the rates don't apply anymore, you can easily change your rate cards from the project settings. This new specific rate is immediately attached to your project and will be reflected in the budget as planned revenue and actual revenue (when resources register hours).

To change a rate card in a project

1. Click Projects in the top bar. 
2. Select All Projects from the dropdown. 
3. Click on the project that you'd like to change.
4. Expand the left side panel and click Settings.
5. Click Financials.
6. Click the dropdown menu under 'Rate Card'.
7. Select the new rate card.

If a rate card is not chosen for a project then it will not be possible for the project to reflect any revenue at all.