In my previous article I made the strong case as to why your small firm needs to think like a business and not just
How does BillQuick use the Overhead Multiplier? There are companies calculating OHM every quarter while others may change it yearly. Different companies have different procedures
The Internal Revenue Service announced an increase in the optional standard mileage rates for the final six months of 2011 to 55.5 cents a mile
When you negotiate with clients, the fee schedule may break down by job classification. When you wear the Engineer hat, you’re billed at $110 an
Settings up bill rates the way you want or the way a contract defines is not a ‘nice to have’ capability — it is essential.
The first weeks of every new year carries a variety of decisions and tasks. Once of the most important decisions is the bill rates to
Fact #1: A single bill rate can be defined for all work charged to a project. To do this: In the Service Fee Schedule screen,
Many firms with lump sum or fixed fee contracts prefer to budget by cost, not the bill value of the hours. At times other contract
Job Classification can mean different things in different companies. Some view it as job classifications set out in union contracts. In other companies, job classification
When a timekeeper charges hours worked to a project, BillQuick automatically determines whether to apply: A special rate from a service fee schedule assigned to