In the Bill Rates window, you can add new bill rates or modify existing bill rates. You can also enter effective dates for bill rates. This allows you to update rates on an annual basis without requiring that all transactions be entered prior to updating the rate. The appropriate rate for the date of the transaction will automatically be entered, even if the transaction is after the effective date of the new rate.
The Bill Rates window displays when you click Add New Bill Rates in the staff profile on the Practice > Time Capture window.
To manage bill rates for a staff member, do the following:
Select the date when the new bill rate should take effect in the Effective date box.
Click Add New Bill Rate in the first row of the grid and select the name of the new rate you want to add for this staff member.
Enter an hourly rate for the newly selected bill rate, and then press Tab on the keyboard. The new rate is added at the bottom of the list of rates.
Optionally, you can select either Hourly rate or Percent of standard bill rate to indicate how intracompany charges should be calculated. You can then enter either the rate or percentage to use.