guide rates hourly rates time and materials hourly billable by the hour Rates Settings

You can set up Hourly Rates in LMN Time to help track Jobs that you will be billing by an hourly rate or a flat fee (above and beyond your estimate/contract). This also includes Time and Materials type jobs.

To create Hourly Rates:

  1. Login to LMN Time.

    *PLEASE NOTE: the Rates entered here are for DEMO purposes only and are not meant to be taken as factual rates to be used in your company
  2. Click on Settings
  3. Click on Rates on the left-hand menu.
  4. Click on +Add Rate located on the bottom-right corner.
  5. Give the Rate a Name.
  6. Toggle the Type between 'Per Hour' or a 'Flat Rate'. (If Per Hour is selected, the hours worked will be multiplied against the Rate. If Flat Rate is selected, a flat fee will be billed irrespective of the amount of hours worked)
  7. Enter the $ value you wish to assign in the Rate field (NOTE: your employees do NOT see the actual $ value of the Rate. They will only see the Name).
  8. Leave the Include on Billing Reports if you wish to include this data/rate to be found on Billing Reports.
  9. Press OK.

Click here for a video on Rates


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