Each Employee has a position and a charge-out rate.
For example, if an employee has the 'Senior' position, the available charge-out rates will be those associated with that position. You can select the appropriate rate table to apply. Normally that would be the 'A' rate. (For more information, see Positions.)
There are six default charge-out rates. Additional rates can be provided if required. Contact Coretime Support for more information.
Each Employee has an associated cost. This can be:
Specify these details as soon as possible to ensure that your reports are accurate.
Company ABC Inc has five staff members: two partners and three clerks.
This means that you need to set up a position called "Partner", with Rate A set at €100 and Rate B set at €90.
You also need to set up a position called Clerk with Rate A set at €30.
When you are editing the lead partner's employee details (see Editing Employees), set his Position to Partner, and his Default Rate to A.
When you are editing the junior partner's employee details, set his position to Partner, and set B as his default rate.
The three clerks are all assigned the position Clerk, and given the default rate A.