Whether you are billing your clients on a fixed cost or hourly rate, what you charge is never what you actually earn. You have to take employee cost into account. Some employees are on a fixed monthly rate, while some are on an hourly rate. Please add all of your employee cost rates. This is important if you want an accurate profitability report once you start delivering projects and invoicing your customers.
You can find the Cost Rate information by navigating to Contacts and choosing a user.
Clik on the Cost rate tab to add the cost rate.
Click on Add Cost Rate