Rate functionality in TimeControl is so extensive that it can be overwhelming to the uninitiated. TimeControl has the capacity for an unlimited number of rates, numerous rate values for each rate code, filtering to show some rates for some conditions and rate calculations that can be updated through Accruals and other mechanisms within TimeControl. TimeControl Industrial includes additional functionality for Extended labor and non-labor rates.
There is a tutorial within the TimeControl Reference Guide and we have taken this content and turned it into a white paper on the TimeControl website so it is more easily accessed by existing and prospective users as they consider how they’d like TimeControl to cost the entries in the timesheet or materials and expenses areas.
TimeControl can serve to cost the same line in a timesheet one way for payroll, another for billing and yet another for project management. Take a look at Creating your TimeControl Rate structure at TimeControl.com.