The Bill Rates tab is used for adding pricing or cost to a contact record. Just like inventory models, you can enter a different rate for each pricing model, then choose which pricing model you are using when building a Quote. This is very useful if a contact has a different price than the service's typical price.
Entering a Price/Cost in the Bill Rates Tab
- Open the contact record.
- Go to the Bill Rates tab.
- Enter a price/cost in the Price or Cost column for the pricing model that is enabled. All changes are automatically saved.
Applying the Contact's Bill Rate to an Element
After a price or cost has been entered, you can then drag and drop the contact record to a financial document to "apply" their bill rate. This works very similarly to adding an inventory model or service to an element. Keep in mind, the contact resource type must first be enabled before it can be added as a line item. This is done within the element's Line Item Options tab.