Rates/My Rates

In this view, you can add, edit and delete rate information and apply overtime rates created in the Overtime Rates view.

Note: My Rates view of Easy Tracker Lite does not support overtime rates.

For each user, you can specify two kinds of rate:

  1. Wage Rate Hourly paid salary plus benefits. Company cost uses this formula to calculate: user's wage rate * hours worked = company cost.
  2. Charged Rate Hourly charge out rate. Client cost uses this formula to calculate: user charge out rate * task prorating * hours worked = client cost.

You can create rates for each kind of user within your company and apply overtime rates to each rate. Once you create the rates and overtime rates, go to the Users view (Users category) to select the appropriate rate for user. After you change the rate standard, all users will use the rate standard automatically.

If your company is not concerned with costs, add a rate of 0 and apply it to all users for both rates.

How to use this view:

In the tool bar, you can clone, add or delete items. In the table part, you can select any, and edit item with the popup menu.

Field Description Table

Field

Description
*Name The name for the rate. Once rates have been added, you can assign them to each user in the Users view.

Tips: To make difference, rate of wage can be named with the prefix 'Wage Rate', and rate to charge can be named with the prefix 'Charged Rate'.
Rate Per Hour Enter the amount per hour for the rate. When you add an overtime rule to a rate, the rule prorating value is multiplied by the rate amount to calculate the total rate.
Period The period of the salary. There are three types: weekly salary, monthly salary and yearly salary. We recommend these formulas to calculate the salary:

Weekly salary = number of work-days in a week * hours worked in a day * Rate Per Hour.

Monthly salary = number of work-days in a month * hours worked in a day * Rate Per Hour.

Yearly salary = number of work-days in a year * hours worked in a day * Rate Per Hour.

Currently, salary is just used for reference. If your company just provides salary data, no rate standard, you can calculate the rate by division salary by standard work time of this work or job.
Salary Salary for this kind of work or job. You can use the simple calculator to calculate the salary. Currently, salary is just used for reference. If your company just provides salary data, no rate standard, you can calculate the rate by division salary by standard work time of this work or job.
Description Text to describe the rate.
Available Overtime Rates Available Overtime Rates. User Add to apply Overtime Rates to the current rate.

Note: This feature is only available in Easy Tracker Pro.
Applied Overtime Rates Applied Overtime Rates. Use Remove to remove the Overtime Rates from Applied Overtime Rates.

Note: This feature is only available in Easy Tracker Pro.

To clone rates:

  1. Click Users -> Rates(or My Projects -> My Rates in Easy Tracker Lite) button on the left side shortcut bar, select the task you want to clone, then click the Clone button (Click the Clone button on the pop menu; click the Clone button on the top toolbar)
  2. Modify if necessary, after modify, click the Save button.

To add rates:

  1. Click Users -> Rates(or My Projects -> My Rates in Easy Tracker Lite) button on the left side shortcut bar, Click the Add button (Click the Add button on the pop menu; Click the Add button on the top toolbar)
  2. Enter a unique Name for the rate (up to 255 characters).
  3. Enter the Rate per hour amount.

The following steps are optional:

  1. Select Period of the salary.
  2. Enter Salary for this kind of work or job.
  3. Enter a Description to describe the rate, a short narrative describing the type of rate.
  4. From the Available Overtime Rates select a rate from the list and click the Add button on the right-hand side to apply the overtime rate to the new rate.
  5. To remove an overtime rate, select the rate from the Applied Overtime Rates list box and click the Remove button .

To modify or delete rates :

  1. Click Users -> Rates(or My Projects -> My Rates in Easy Tracker Lite) button on the left side shortcut bar.
  2. Choose the Rates from the list on the right side.
  3. Modify if necessary, after modify, click the Save button.
  4. Delete if necessary, click the Delete button.

Hints:

The fields marked with * are required fields. When add a new entry, you need fill something in these fields.
Table View integrates a lot of buttons for easy operation, click here to learn them.
Clone can easy of entry item. Just select an item, use the action of Clone to clone, and create a new entry with the same settings.
Switch to the appropriate tab to add Notes, Phones and Addresses if have.

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