Cost Centres
>> Settings > Company > Cost Centres
Cost centers allow expenses to be grouped for budgeting and reporting purposes. Note that cost centers can be used to track grouped expense claims as well as employee wages.
- Code Name - internal code name
- Client - any client that may be associated with the Cost Center
- Tags - click <Manage Tags> to create any internal tags that may help classify Cost Centers
- Employee Filters - only employees selected will be able to apply the cost center
- Positions & Billable Rates - please only apply the below if the Cost Center is used for Invoicing purposes
- Position - specify which positions are billable
- Billable Wage Basis
- Profile Basic Wage - billed at the employee's basic wage rate
- Wage Margin - % increase of Profile Basic Wage that is billable to client
- Fixed Daily - billed at a fixed rate per day
- Fixed Hourly - billed at a fixed rate per hour
- Profile Basic Wage - billed at the employee's basic wage rate
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