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

Setting up rates in LMN Time will allow you to create default hourly rates for different work types that you can (later on) add to jobs for any work that is billable by-the-hour.  For instance, you can setup standard rates for things like:

  • Enhancement work
  • General Labor
  • Pruning
  • Skid Steer Operator
  • Loader Operator
  • ... and any others you may need

Rates are customizable on every job, so even though you'll setup default pricing, you'll be able to change these prices on any/every job.

Prefer to learn by reading our quick written guide?  Scroll down!

In this video you will learn to:

  • Add rate types to LMN Time
  • Customize your default rate name and chargeout rates
  • Add rates to jobs

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.

Was this article helpful?

Related articles

  • Timetracking

    The timetracking settings will help you...

  • Payroll

    Your LMN Time payroll settings is where...

  • Payroll Codes

    Your payroll codes are used to determin...

  • Job Types

    Job types allow you to customize your o...

  • Rates

    Setting up rates in LMN Time will allow...

  • Services

    Services are an important part of LMN T...

  • Activities/Materials

    In this video, you'll learn how to setu...

  • Scheduling

    In LMN Time settings, you have the abil...

  • Invoicing

    NOTE: Invoicing capabilities are only a...

  • Default Tasks

    Default tasks are tasks that automatica...


Please sign in to leave a comment.