Material costs and hourly rates

When carrying out todos, material is used, equipment is replaced, or labour costs are incurred. You can keep track of these by creating costs for todos.

Setting material costs and hourly rate

Go to the 'Costs' submenu in the todos module. Click '+New'.

Choose the type, 'material cost' or 'hourly cost'.
Give it a clear name, and determine the price.
Link the correct general ledger account.

Material costs are cost items with a fixed value, for example a garden lamp for 30 euros.
Frequently occurring services can be given a fixed value by setting them as material costs, for example "Unclogging toilet" for 50 euros.
An hourly rate is a cost item that, in combination with an entered timesheet, determines the labor costs of a todo.
Different hourly rates can be applied to different todo lists

Apply hourly rate in todo list

When editing or creating a new todo list, you can link one hourly rate. This hourly rate applies to all registered timesheets within this todo list.
Read more: Using todo lists

After material costs have been created, and hourly rates have been applied to a todo list, hours and materials can be registered on the individual todos.

This can be used to invoice labor & parts to owners of objects.