Time Record: Difference between revisions
(Created page with "A '''time record''' represents a discrete unit of work performed by one or more members. === Properties === Time records have the following properties: * '''Date''' and time when the work commenced * Short '''description''' that appears on itemised invoices * '''Matter''' on which the work was performed (this can be left blank, but the time is not billable until completed) * '''Notes''' (in Markdown format) * '''Product''' used to cat...") |
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Depending on the [[product]] that a time record is associated with, this value may be billed as-is or marked up/down to align with the charge policy. The [[sales]] metric apportions time on a pro-rata basis. | Depending on the [[product]] that a time record is associated with, this value may be billed as-is or marked up/down to align with the charge policy. The [[sales]] metric apportions time on a pro-rata basis. | ||
Once a time record has been billed, it cannot appear on any subsequent invoice. |
Revision as of 10:09, 17 October 2023
A time record represents a discrete unit of work performed by one or more members.
Properties
Time records have the following properties:
- Date and time when the work commenced
- Short description that appears on itemised invoices
- Matter on which the work was performed (this can be left blank, but the time is not billable until completed)
- Notes (in Markdown format)
- Product used to categorise work for billing purposes
- Subject of the work (e.g. a particular document or other item)
- Related contacts and/or documents
Creating
Depending on the configuration of the subscription/business, performing some activities will cause time records to be automatically created.
Time records can also be manually created.
Billing
Time records are expressed as a total duration (in minutes); they do not have inherent billable value. It is only when a scale is applied (either by inclusion in an invoice or manually for reporting purposes) that a charge is calculated.
Depending on the product that a time record is associated with, this value may be billed as-is or marked up/down to align with the charge policy. The sales metric apportions time on a pro-rata basis.
Once a time record has been billed, it cannot appear on any subsequent invoice.