How with a real rate
Florianedu35
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Floriane35 -
Floriane35 -
Good evening, I have been using the accounting software EBP for a short time, but I have a problem.
How can we do on an invoice to have a real hourly rate (60 minutes) and not a "fictitious" hourly rate of 100 minutes?
I may not be expressing myself well, but here it is:
I want to display 1h30 (one hour and thirty minutes), but for this software, I have to enter 1h50. This is very complicated for my activity, so I ask for your help.
Thank you in advance.
How can we do on an invoice to have a real hourly rate (60 minutes) and not a "fictitious" hourly rate of 100 minutes?
I may not be expressing myself well, but here it is:
I want to display 1h30 (one hour and thirty minutes), but for this software, I have to enter 1h50. This is very complicated for my activity, so I ask for your help.
Thank you in advance.
1 answer
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I don't know of any invoicing software that accommodates both hours (base 60) and metric (base 10)...
Indeed, the method is to reason in base 10 and convert (1h30 = 1.50, 1h15 = 1.25, etc.), but it's not easy for short durations...
In this case, we can use another technique and apply a DT (duration of time) which will be a fraction of an hour. For example, 1 DT = 10 minutes and in this case, 1h30 would be 6 + 3 = 9 DT
To ensure the client isn't confused, it's enough to indicate the value of the DT at the bottom of the invoice... (but I know some who don't indicate it at all!)
And for invoicing, this avoids calculations since the hourly rate is divided by 10 for 1 DT... what you are selling is 1/10 of the hourly rate multiplied by the number of DT.