In Bonsai, you can set billable rates for members and projects. This will allow you to pre-fill the "Billable Rate" in your time entries, making time tracking and budgeting easier. You can also set cost rates for members to get insights into project costs and profitability.
Set or update billable rates and cost rates for team members
Navigate to the member's profile in your Team settings.
Next, look for the "Billable Rate" and "Cost Rate" sections. Here you can enter the desired rates for your team member:
Set the billable for a given project
You can do under your project settings. To access your project settings, navigate to Project Management > Projects > select your Project.
Next, select the 3 dots (…) in the top righthand corner of that project > select ‘Settings’:
Select the Billing tab and look for the "Billable Rate" section.
By default, this is set the "Member hourly rate":
If you wish, you can switch to a project hourly billable rate. Simply select the "Billable Rate" dropdown and switch to "Project hourly rate".
From here, an hourly amount and currency can be added:
How billable rates affect time entries
The "Billable Rate" in time entries will be pre-filled based on either:
The members' billable rate (if no project is selected, or if the selected project's "Billable Rate" setting is set to "Members default billable rate".);
Or the project's billable rate (if the "Billable Rate" setting is set to "Project billable rate".)
You can still edit the "Billable Rate" for each individual time entry, if needed:
