Settings & admin

Set billable and cost rates

Add dated billable and internal cost rates to a workspace member.

Set a member's billable rate and internal cost rate so Timeglass can calculate billable value and project margin.

Open the member profile

1. 1
   Open Settings
   Select Settings in the main navigation.

   

2. 2
   Open Members
   Select Members in the Settings menu.

   

3. 3
   Select a member
   Search for the person, then select their row to open the member profile.

   

Set the billable rate

Open Financial details. This section shows the member's current billable and internal cost rates.

1. 1
   Select Set billable rate
   Enter the hourly amount, choose the currency, and set the date when the rate takes effect.
2. 2
   Stage the rate
   Select Save rate. This adds the rate to the member form; it does not save the member yet.

Set the internal cost rate

1. 1
   Select Set internal cost rate
   Choose Hourly cost or Annual salary, then enter the amount and currency.
2. 2
   Choose the effective date
   Set the date when the cost rate should apply, then select Save rate.

Save the member changes

Review the scheduled rates in Financial details. Check the amounts, currency, and effective dates before saving.

Select Save changes at the bottom of the profile. The rates are only applied after this final step.

How effective dates work

• The first rate also applies to time logged before its effective date.
• When a rate changes, add the new amount with the date it should take effect.
• Timeglass keeps the dated rate history so earlier periods retain the correct value.