Rates and billing settings

A walking tour of the LedgerOS workspace
settings/time-billing
Time & Billing

Time & billing

Rates, rounding, and how work turns into money.

Rates & targets
Member Standard rate Cost rate Annual target (hrs)
DWDana Whitfield $285.00 $96.00 1,400
MRMarcus Reed $195.00 $71.00 1,600
SPSofia Park $135.00 $48.00 1,700
TLTom Lasseter $110.00 $39.00 600

Cost rates never leave this page. Rate changes affect future entries only.

Time & billing

Rates, rounding, and how work turns into money.

Time rounding
Applied when a timer stops or a manual entry is saved.
Increment 6 minutes (0.1 hr)
Mode Round up
Default payment terms
The starting point for every invoice. A template, a client, or a single invoice can override it.
Terms Net 15
Service lines
Tag templates, services, and reporting by service line.
Tax Bookkeeping Payroll Advisory
Write-off reasons
Required when adding an adjustment line to an invoice.
Scope creep Goodwill Our error Fixed-fee overrun

Time & billing

Rates, rounding, and how work turns into money.

Invoice review
Require an owner or admin to approve a draft invoice before it can be sent.
Approval required before sending
Invoice open tracking
Embeds an invisible pixel in emailed invoices so you can see when a client opens one. Portal views and pay-link clicks are recorded either way.
Track opens on emailed invoices