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Actuals With Fixed Cap
Actuals With Fixed Cap
Set a fixed cap for services defined as actuals
Stjepan Šandor avatar
Written by Stjepan Šandor
Updated yesterday

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For services that are defined as actuals (i.e. time and materials), you can define a fixed cap which will then determine the maximum price that can be charged to the client, regardless of the hours put in.

It works like this:

  • define the service as actuals and define the price and the quantity

  • click on the lock icon to set a fixed cap:

In this case, the amount that can be billed to the client is set to $75 x 5 hrs, which equals to $375.

If you exceed that amount, the amount that can be billed won't change:

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