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Add & Edit Billable & Cost Rate For Resource Types
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 10 months 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.

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