Setting Rates
Configure hourly rates to calculate earnings and generate invoices.
Overview
Hourly rates are set per topic. When you track time on a topic with a rate, TeeckIn calculates your earnings automatically. These earnings appear on the dashboard and become invoice line items.
Setting a Rate
- 1Go to
- 2Find the topic you want to add a rate to
- 3Click the topic to edit
- 4Enter the Hourly Rate (e.g., 85 for $85/hour)
- 5Ensure Billable is toggled on
- 6Click Save
Rate Strategies
Choose a rate strategy that fits your business:
Per-Topic Rates
Different rates for different work types. Development at $95/hr, consulting at $150/hr, support at $75/hr. Most flexible but requires setting each topic individually.
Per-Client Rates
Same rate for all work with a client. Set the same rate on all topics in that client's category. Simple to manage but less granular.
Blended Rate
One rate for all work. Simple but doesn't reflect different value of different work. Good for retainer arrangements.
When Rates Change
What happens when you update a topic's rate:
- Future entries — Use the new rate
- Past entries — Keep the rate that was active when created
- Running timer — Uses the rate captured at start time
Note
Billable vs Non-Billable
Not all time should be billed:
Billable
- Client work
- Project development
- Consulting calls
- Deliverable work
Non-Billable
- Internal meetings
- Admin tasks
- Learning/training
- Sales calls
Tip
Currency
Rates are stored as numbers without currency symbols. TeeckIn uses your locale settings to format currency in displays. All calculations use the numeric values.