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How to - Bill for a day rate

Although TimeCache does not have a dedicated "day rate billing" function, it's easy to use TimeCache to bill for day rates.

It's all based on the built-in support for retainer billing.

Step 1: Create a retainer billing category for your day rate.

Creating a "Day rate" retainer billing category

Remember, a retainer billing category can be named anything you like, and you can have as many of them as you need. You can even change the abbreviation that appears in the "Hours" column of reports and invoices in TimeCache Preferences.

Setting the abbreviation used for Retainer entries

Step 2: Add an entry to the Daily Log using that day rate billing category you created in Step 1, and enter the rate itself in the Charges column.

A Daily Log entry using the day rate billing category

That's all there is to it, other than making sure you choose the option to include retainer entries for reports or invoices.

Download a free trial copy of TimeCache 9.0 and see for yourself.

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