What is the easiest way to revise (correct) employee historical cost rates for projects in QBO? The only way I have found is one-by-one via the project Time Cost by Employee report; which is very time-consuming if many to change. Thank you.
Nice to see you again, @tah-difinitigrou.
Instead of modifying this one by one on the report, you can correct the hourly cost rates on the Projects page.
Here's how:
For other helpful information, you can refer to this guide: Track income, costs, and profitability by project.
That's all there is to it. If you need anything else, don't hesitate to let me know. I want to help you succeed. Have a good one.
Hello and thank you. Changing the cost rate per the method you suggest only impacts new time entries entered after the change in rate. I am interested in revising historical rates.
It's nice to have you back here, tah-difinitigrou.
I can see how important for you to be able to revise employee's historical cost rates for projects in QuickBooks Online. For now, the option to do so is by opening each timesheet and from there you can edit the rate. Please note that we want you to save time and keep things simple when doing a task in Quickbooks.
Here's how:
I would also encourage you to visit our QuickBooks Online blog regularly. From there, you'll be updated with the features and enhancements that our developers are currently working on.
Please let me know if you need anything else. I'm always here to help.
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