Using Billing Rates and Price Levels - Accounting Software Secrets
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Using Billing Rates and Price Levels

Using Billing Rates and Price Levels

Using Billing Rates and Price Levels

 

Whenever a service item is added to an invoice via the Time/Costs window, the rate for that service item is determined as follows:

  • §  If the invoice is for a customer or job with a “fixed percentage” price level (for example, always give this customer a 10% discount), the price level adjustment is applied to the worker”s billing rate, if one exists. If there is no billing rate level, the price level adjustment is applied to the service item”s standard rate.
  • §  If the invoice is for a customer or job with a “per item” price level (for example, always charge this customer $50 an hour for a particular service and $60 an hour for another service), the customer”s price is always used. A “per item” price level overrides both billing rate levels and standard rates.
  • §  If the invoice is for a customer without a price level, but there is a billing rate level associated with the employee or vendor who did the work, the billing rate level is used.
  • §  If there is no price level or billing rate level, the service item”s standard rate is used.

In any case, you can modify the rate directly on the invoice to be whatever you want.

List Limits Expanded

For most QuickBooks users, the list limit for the QuickBooks Pro and Premier products of 14,500 is sufficient.  For some, however, that is not the case.  We have been seeing increased list size for a variety of reasons.  One of the most common is the increased number of customers as the result of web site sales.  For version 6 and prior, the list limit was doubled for the Enterprise Solutions Product.  New with version 7, the Enterprise Solutions limit has been removed.

 

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