Page Comparison

...

A cost rate is the hourly rate for a role and is used for a project’s cost calculations. Cost rates are available to a project when it’s a monetary-based project. They can be applied globally or on the project level. Global rates are managed centrally by a Tempo Rate Administrator in Tempo Settings. Project-level cost rates are managed locally by a project owner.

Cost rates can be fixed or flexible.

• A Fixed Cost Rate is consistent throughout the project’s life. If you change the cost rate, then the project costs change.

• A Flexible Cost Rate changes depending on a date. You can add multiple cost rates in the future without negatively impacting the current project costs. If you adjust a cost rate that occurred in the past, the project costs change.

They can be applied globally or on the project level.

• Global rates are managed centrally by a Tempo Rate Administrator in Tempo Settings. Each project owner or account administrator can then choose to use the global rates.

• Project-level cost rates are managed locally by a project owner.

Global Cost Rates

You can Apply Global Cost Rates to override any project-level rates or use global rates for all new projects by default.

If you’ve added global rates AND your project’s hourly cost rate or billing rate is empty, the global rates are used by default.

Define Global Cost Rates in Tempo Settings under Rates.

Project Cost Rates

You can modify team members' rates on the project level to represent their costs more accurately. You can set the cost rate or the billing rate for a team member or for a role.

To set your project cost rate, see Setting Project Cost Rates.

Billing Rate

A billing rate is the billable hourly rate for a role and is used for a project’s revenue calculations. Billing rates are available if you enable Revenue Tracking for a monetary-based project. They can be applied to an account or a project. Global billing rates are used by accounts and are managed centrally in Tempo Settings by a Tempo Rate Administrator. Project-level billing rates are managed locally by a project owner.

Billing rates can be account-based or flexible.

• An Account Rate is a billing rate that’s associated with an account. Only global billing rates can be associated with an account. Global billing rates are managed by Tempo Rate Administrators, while accounts are managed by an Account Administrator. An Account Administrator must associate an account with a billing rate table.

• A Flexible Billing Rate changes depending on a date and can only be applied at the project level. You can add multiple billing rates in the future without negatively impacting the current project revenue. If you adjust a billing rate that occurred in the past, the project revenues change.

Global Rates

Cost and billing rates can be centrally managed by a Tempo Rates Administrator.

Each project owner or account administrator can then choose to use the global rates.

Global Cost Rates

You can Apply Global Cost Rates to override any project-level rates or use global rates for all new projects by default.

If you’ve added global rates AND your project’s hourly cost rate or billing rate is empty, the global rates are used by default.

Define Global Cost Rates in Tempo Settings under Rates.

...

They can be applied globally (as default rates), per account, or on the project level.

• Global billing rates are used by accounts and are managed centrally in Tempo Settings by a Tempo Rate Administrator.

• Project-level billing rates are managed locally by a project owner.

Global Billing Rates

Global billing rates are used either as default billing rates for roles or as account rates. Billing rates are organized into tables that include the role and the rate for the role. Each billing rate table represents a separate set of billing rates for team member roles. If a rate is not defined in a project with revenue tracking, the default global billing rate is used.

Define Global Billing Rates in Tempo Settings under Rates.

Account Rates

Account rates are billing rate tables associated with an account by an Account Administrator. When a project uses account rates to track revenue, work performed or planned by a team member for issues associated with an account will use the account’s billing rates. A Jira issue is associated with an account by either adding the Tempo Account field to the Jira issue screen or by adding an account work attribute.

...

If Erica logs work against a Jira issue that isn’t associated with an account, the global default billing rate for the Developer role is used.

Project Billing Rates

You can modify team members' rates on the project level to represent their costs more accurately. You can set the cost rate or the billing rate for a team member or for a role.To set your project cost rate, see Setting Project Cost Rates.

To set your project billing rate, see Setting Project Billing Rates.

...