October 9th, 2015 | Time & Attendance | Equivalent T&M revenue Reporting

We added a calculation of “Equivalent T&M revenue” for time booked to fixed price tasks in a timesheet, based on reading the employee’s hours multiplied by their billing rate code, either the standard rate or a project-specific one if it was maintained. Now you can maintain billing rates (or use your company rates) for fixed price projects and report on “Consultant Profitability” or produce a P&L by consultant. We will be further enhancing this in the near future to reduce hourly rates by pay cycle to account for unpaid overtime and to report the same in analytics dashboards

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