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artfabricators
Level 1

Can't edit hourly COST RATE inside a project for an employee

I don't use QBO for payroll, however I use it for cost accounting in PROJECTS.

 

I add time for each employee and assign it to a service (operation type) and then to a project.

For example--

Jane Doe

9/1/2023

2 hours

Project: 123 Sculpture

Service: Paint Prep

 

I used to be able to edit the COST RATE, example $30/hr, for each time entry. We pay an hourly wage but sometimes employees are paid more to work off-hours.

 

Can someone please tell me how I edit the cost rate now since QBO changed the window for inputting time?

 

In the hourly costs under the Project page, I would click a time entry like you see below to edit it--

 

2023-09-27 11_46_18-Time cost by employee or vendor for Knight, William's 1872 William Knight 6ft _A.png

 

However, now the screen has NO way to edit the cost rate, see below --

2023-09-27 11_47_55-.png

 

6 Comments 6
AbegailS_
QuickBooks Team

Can't edit hourly COST RATE inside a project for an employee

Hi there, @artfabricators. Thank you for bringing up your concern regarding editing the cost rate under the project page in QuickBooks Online (QBO). I understand the importance of controlling cost rates for accurate project management.

I want to ask for further details to provide the proper resolution. You can give additional screenshots aside from the one that we got. 

I'll be waiting for your response. I'm just around to help. Keep safe always.

artfabricators
Level 1

Can't edit hourly COST RATE inside a project for an employee

So um, what information do you need other than what I've posted?

 

Steps -- Go to projects, click on project, click on Hourly time cost, click on a time entry, and there is no where to edit the hourly cost rate.

MirriamM
Moderator

Can't edit hourly COST RATE inside a project for an employee

Welcome back, artfabricators.

 

Let me join and provide more details on how you can edit hourly cost rates for your employees when entering time to a project in QuickBooks Online (QBO).

 

You can edit the cost rate for the time entry created by going to the Time Activity tab. I'll be happy to show you how.

 

  1. In the left menu, click Projects.
  2. Select and click the Project/Customer name.
  3. Go to the Time Activity tab.
  4. Locate the time entry and click on the drop-down on a specific date. Under the Employee/Vendor column, click the Employee name. 
  5. On the Time Activity page, edit the cost rate.
  6. Click Save and close when done.

 

In addition, you can set up hourly cost rates before starting to track time. This way, you'll no longer have to enter the cost rate manually. For more details, see this article and go to Step 3: Enter hourly cost rates for each employeeTrack hourly labor costs and profitability by project in QuickBooks Online.

 

For future reference, you can run the Time Activities by Employee Detail report to show the products and services (time activities) each employee provided, including hourly rate and duration.

 

If you have further questions about editing the cost rate, let me know by commenting below. I'll be happy to answer them for you. Have a great day!

alexe40
Level 1

Can't edit hourly COST RATE inside a project for an employee

I am having the same issue.  I just followed your instructions above but there is NO field for the Cost Rate that appears.  I called the helpdesk and they have no idea what I am even talking about.  I am inside of a Project and adding time for one of my contractors.  For this project, I want to pay my contractor a different rate than what he is usually paid. Please tell me how this can be done.

alexe40
Level 1

Can't edit hourly COST RATE inside a project for an employee

I am trying to do the exact same thing. I followed the instructions provided by QuickBooks but there is NO field available to modify the cost rate of a contractor/employee for a specific project.

ShyMae
QuickBooks Team

Can't edit hourly COST RATE inside a project for an employee

I see you did everything to edit the hourly cost rate, Alex. I recognize all the challenges you've faced.

Before anything else, I'd like to inform you that there are two ways to edit the cost rate. The first option is on the All Project page, and the second is upon entering the time entries.

 

I've included a screenshot for reference.
 

....................................................




If the field to edit the hourly cost rate still won't appear, let's open your QuickBooks account in a private window to rule out browser-related issues. Here are the keyboard shortcuts:

 

  • Google Chrome and Microsoft Edge: Ctrl+ Shift + N
  • Mozilla Firefox: Ctrl + Shift + P
  • Safari: Command + Option + P

 

If you can edit the cost rate, return to your regular browser and clear your cache. Occasionally, the accumulated cache and cookies in the system can become outdated or corrupted, leading to unexpected behaviors. You can also switch to other installed supported browsers, which is a good alternative.

 

Moreover, you can track your hourly labor costs and profitability. This feature allows you to monitor employee work hours and wages, providing valuable insights into your business's expenses.

 

You can click the reply button below if you need further assistance in modifying the cost rate of a contractor/employee for a specific project. I'm always here for you, Alex. 

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