Project Costing
Activity Type is a Master of Services offered by your personnel. You can add a new Activity type from:
> Home > Project > Activity Type > New
Activity Cost
The Activity Cost master allows you to monitor the billing and costing rates for each employee associated with different types of activities.
Timesheet
Based on the time spent on the Project-Task, an Employee will create a Timesheet.
On selection of the Activity Type in the Time Log, Billing and Costing Rate will be fetched for that Employee from the respective Activity Cost.
Multiplying these rates with total no. of hours in the Time Log gives Costing Amount and Billing Amount for the specific Time Log.