Does tsheets support multiple billing rates?

Product Marketing

TSheets supports multiple billing rates, which is useful for businesses managing different clients and projects with varying rates. The functionality lets you assign specific rates based on the client, project, or type of work. For example, if one client pays $100 per hour for specific tasks and another pays $75 for different work, TSheets tracks those hours accordingly. When your team logs time, they select the appropriate project or task, and TSheets automatically applies the correct billing rate. This feature is especially useful for project-based businesses that need accuracy in billing and correct client charges based on work performed. It simplifies invoicing—you can generate reports showing total billable hours for each client at their respective rates. This makes your invoicing process efficient and reduces billing errors that could cause disputes. However, this feature may add complexity to your time tracking setup, particularly with many clients or projects with different rates. You'll need to ensure your team knows how to select the correct billing rate when logging time, which may require initial training. To manage this effectively, set up a clear system for your team and walk through a few scenarios during onboarding. If your business has varying billing rates, TSheets can meet that need and keep invoicing accurate.