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Setting Project Billing Rates

Billing rates are available when the Revenue Tracking option is enabled for the project. The billing rate is the billable hourly rate for a team member and is used to calculate revenue.

You can set global rates for each team role in Global Settings. When assigning roles to individuals in projects or teams, the global rates are applied automatically for each individual. Billing rates can be overwritten at the project level, where necessary.

The project can use:

  • A default billing rate for all team members.

  • Individual billing rates for each team member. These can be fixed or changed based on dates.

Before You Begin

  • Billing rates that are defined at the project level and can be viewed only by a project owner or collaborator.

  • A Jira Administrator cannot view the cost rates of a project unless they are the owner or collaborator of that project.

  • Role-based rates are set globally and don't require an additional Cost Tracker permission to view.

Set the Billing Rate

  1. Open a Cost Tracker project with Revenue Tracking enabled.

  2. Click Configuration, and then select Billing Rates in the left panel.

  3. Set any of the following rates:

    • Hourly Billing Rate: This rate is the default rate applied to the project for roles with undefined rates. When a team member logs time for the first time, the default rate is automatically applied.

    • Billing Rate: This billable hourly rate is for team members who have logged billable hours on your project. It is populated with the global rate setting for the selected role, where applicable. If you wish to change it, you can overwrite the Billing Rate with the new rate.

    • Flexible Cost Rates can be added based on a set effective date.

      billing_rates_project.jpg

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