Factors that determine hourly rates

The billing rate is influenced by four factors:

• Whether the time entry is billable or non-billable
• The role selected for the labor entry, which has an associated billing rate
• The billing contract
• Rate adjustments configured for the work type 

How the contract type determines billing workflows

The rate is determined as follows:

	No Contract	T&M Contract	Fixed Price Contract	Block Hour Contract	Retainer Contract	Recurring Services Contract
Non-billable Work Type	Hourly Billing Rate = 0.00	Hourly Billing Rate = 0.00	Transaction is in folder "Approve and Post Labor" but is non-billable	Hourly Billing rate shows dash (-); No time is deducted from Block	Hourly Billing Rate = 0.00; no money is deducted from Retainer Purchase	Hourly Billing Rate shows dash (-)
Billable Time Entry	Default role rate is applied	Contract Role rate is applied.	Transaction is in folder "Approve and Post Labor" but is non-billable	Hourly Billing rate shows dash (-); Hours to bill are deducted from available Block according to block hour multipliers	Contract Role rate is applied; money is deducted from available Retainer Purchase according to contract rate	Hourly Billing rate shows dash (-)
Work Type Rate Adjustment	Work type role rate adjustment is applied to default role rate	Work type role rate adjustment is applied to contract role rate. Adjusted rate is applied.	Transaction is in folder "Approve and Post Labor" but is non-billable	Hourly Billing rate shows dash (-); Hours to bill are deducted from available Block according to block hour multipliers. Block hour multipliers compound work type rate adjustment. For example, Hours to Bill * Contract Block Hour Multiplier or Admin Role block hour multiplier * Multiplier.	Work type role rate adjustment is applied to contract role rate. Adjusted rate is applied; money is deducted from available Retainer Purchase according to adjusted contract rate.	Hourly Billing rate shows dash (-)