Easy Projects allows you to use a breakeven rate. A breakeven rate is a multiplier used to estimate where your profits get even with your costs and/or losses. It can be used in fee negotiations, and breakeven analysis that allows determining the least amount that can be billed without suffering a loss.
The rate is used in the formulas for the following billing metrics:
Setting breakeven rate
To set the breakeven rate:
- Go to Settings | General | Advanced settings.
- Set a value for the default breakeven rate.
- Click Apply