How to implement a billing rate (sell rate) in PPM projects

GlennDaleJ
Tera Contributor

I need to monitor both the billing rate (sell rate), which is the price quoted to clients, and the cost rate, which is the expense borne by the service provider. Is there a built-in feature available to track the sell rate, or would this necessitate customization? I prefer leveraging existing features if possible. Thank you in advance.

1 ACCEPTED SOLUTION

Hello @GlennDaleJ and @ibartels ,

Thanks for posting this question.

 

I would like to confirm that out of the box, we do not have cost and rate available in the rate model. It just has a cost. You need to configure it for adding the billing rate.

 

Hope this answers the query, and if it does please mark the response as correct.

Happy SPM Learning !!

 

Thank You!

Namita Mishra

View solution in original post

2 REPLIES 2

ibartels
Tera Contributor

Same question. Anyone???

Hello @GlennDaleJ and @ibartels ,

Thanks for posting this question.

 

I would like to confirm that out of the box, we do not have cost and rate available in the rate model. It just has a cost. You need to configure it for adding the billing rate.

 

Hope this answers the query, and if it does please mark the response as correct.

Happy SPM Learning !!

 

Thank You!

Namita Mishra