Skip to main content

Add & Edit Billable & Cost Rate For Resource Types

How to manage billable rates for Resource Types in Drum

Ben Walker avatar
Written by Ben Walker
Updated over a year ago

Once you have created a Resource Type, you can now apply Billable and Cost Rates which will apply to Resources with this Default Resource Type (unless the Resource has their own unique rate).

QUICKSTEP GUIDE:

  1. Select "Add Price" for the relevant Resource Type;

  2. Enter the Applicable "Billable Rate" and "Cost";

  3. Add the Effective Date for the rates to apply, alternatively it will default to today's date;

  4. Optionally add a description for the rate change;

  5. click "Save Rate" button.

Remember! You can set billable rates per role at the project level, for an individual resource or at the Resource Type level. Drum assigns a billable rate when time is allocated to a project in that order.

Did this answer your question?