Fresh Projects

00:00: Fresh Projects allows you to set the historical values of staff members' cost rates.

00:05: This provides accurate reflections of salary fluctuations with time,

00:09: prior to the staff member's start on Fresh Projects.

00:13: The more accurate these cost rates,

00:15: the more accurate the Actual Cost assigned to a project derived from the timesheets.

00:21: In the Main Menu,

00:23: click Financials

00:25: Then click Cost Rate History

00:29: You can choose whether to see one staff member's monthly history, or all staff members'

00:34: cost history for one month.

00:37: If you selected "Per Month",

00:38: then proceed with selecting the month you would like to see.

00:43: If you selected "Per Employee",

00:45: then proceed with selecting the employee you would like to see.

00:50: Click "Load" to retrieve and display the selected employee's cost rate history.

00:56: Now select the entry row that corresponds to the relevant Month or Employeefor which

01:01: the Cost Rate needs to be changed.

01:05: Click Manual Rate,

01:06: and then update the new Manual Rate Value

01:09: Then click "Update All Project Costs" to apply the new rates across all projects.

01:16: In the Cost Rate History view, that entry will now be marked to have amanual rate.

01:22: You have now successfully updated the cost rate history in Fresh Projects to reflect

01:27: accurate hourly costs.