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February 23, 2021
Question

Employee billable rates

  • February 23, 2021
  • 1 reply
  • 0 views

I am looking to update the default billable rate for our employees in Quickbooks Online. I have searched everywhere but cannot find the list of employee billable rates, only cost rates and product/service rates.

This is for the rate that is auto-entered on timesheets as the billable rate.

1 reply

K_Siman
February 23, 2021

Hello @mariekeele! It's good to see you here in the Community. I'm happy to help you with your employee rates. 

 

The rate that comes into TSheets from QuickBooks Online is the cost rate you set up on the Employee Information page within QBO. That's the time that you use to pay your employees for payroll. The time that you use in invoices will use their billable rate.

 

 

In their profile is also where you can make their billable rate default as well. This can't be updated on a company level, it's done individually within their profile. You can, however, run a report to give you a list of the employees and their billable rates. Here are those steps:

  1. Log in to QuickBooks Online as the admin.
  2. Go to Reports on the left menu and search "Employee Contact List".
  3. Click on the little gear icon in the upper right-hand corner of the report.
  4. Click on Show More under Change Columns.
  5. Select the box next to Billable Rate.
  6. Click on the white space to apply (there's no save option).

 

 

 

 

If you have any further questions or need any clarifications, please don't hesitate to respond to this post. All of us here in the Community are eager to help. :)

June 1, 2021

Hello, QBO has recently changed and does not reflect the screenshots above. I also use QB Time but how can I adjust the global Billable Rate for each employee and NOT the individual Billable Rate from the imported Timesheets? Thanks! 

Tori B
June 2, 2021

Hey there, @tzframpton

 

Thanks for following the thread and sharing your concerns. 

 

I'm happy to lend you a hand with your global billable rate. Before we begin, are you looking to enter the global billable rate for each employee in QuickBooks Online? If so, you'll need to do this from your timesheet. Let me walk you through the steps below. 

 

  1. Click the Plus (+) icon.
  2. Select Single Time Activity or Weekly Timesheet.
  3. Enter the information, then check the box beside Billable (/hr) and enter the Rate in the box.
  4. Once done, click Save and close.

You can see more information about this process in the articles I've included below. 

 

However, if this isn't what you're looking for, please let me know in the comments below. I want to ensure I get you back to business every step of the way. Take care!