How do I change the project billing type?
To access financial information, you must have the 'Access billing information' global permission in your role.
To change a project’s type of billing in Project details section in Activity Center, follow these steps:
- Hover the pointer over the project name.
- Click Details.
- In the project details, click to access the financial options.
- Go to the Targets tab.
- Select the desired project billing type under Billing type subheading.
- The change will take effect immediately.
The following billing types are available:
- Time & Material,
- Project flat fee.
When using the "Flat Fee" billing type—the billing portion of a metric/formula is added only after the project/activity is closed, unlike other billing types where the billing portion is updated as actual hours are added.