WILEY.SAGE.TIMESLIPS.FOR.DUMMIES.2014 by Unknown

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Published: 0101-01-01T00:00:00+00:00

✓ Use a markup or a markdown if you want to change a slip’s billed value

by a percentage.

Using any flat fee or adjustment billing arrangement also affects a slip’s billed value. See Chapters 10 and 11 for details on flat fee arrangements. See the Be aware, though, that your choice has an effect on the way charges appear

“Changing Billed Slip Values by Client” section, later in this chapter, for details on your bill. Figure 9-2 shows a bill for one slip, entered by timekeeper XY, on adjustment billing arrangements. See Chapter 12 for details on the method at the hourly rate of $100. The slip that XY entered was for one hour, so

Timeslips uses to calculate billed values for slips.

the slip’s value is $100. But XY entered a 10 percent markup on the slip,

so Timeslips changed the hourly rate from $100 to $110. The math — rate

times time spent — correctly calculates the slip’s billed value as $110.

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