A bill rate is an amount or percentage that is applied to a unit (of time and materials) to calculate revenue and invoicing. Bill rates are used for time and materials projects. You can specify the following bill rates in Oracle Projects:

• Employee Bill Rates: Standard hourly bill rates or percentage markups assigned to employees. You can assign a different bill rate to each employee for customer invoicing.
• Job Bill Rates: Standard hourly bill rates assigned by job title. For example, all System Administrators can have one bill rate, while all Consultants can have a different bill rate.
• Non–Labor Bill Rates: Standard bill rates or standard markups assigned to non–labor expenditure type or non–labor resources.

You can use the different types of rate schedules for various purposes in Oracle Projects:

• Costing: Use cost rate schedules to maintain hourly cost rates for employees or jobs. You can use both the employee and job rate schedule types as cost rate schedules.
• Billing: Use bill rate schedules to maintain the rates and percentage markups over cost that you charge clients for your labor and non-labor expenditures. You can also use bill rate schedules in transfer price rules to determine how Oracle Projects calculates the transfer price for cross charged expenditures. You can use the employee, job, and non-labor rate schedule types as bill rate schedules.
• Planning: Use either actual rates or planning rate schedules to determine rates for workplan and financial planning. All four rate schedule types can be used as planning rate schedules.

You can define or copy rate schedules for your entire organization. You can also define or copy separate schedules for individual business units.
Use a naming convention to distinguish between the different uses for rate schedules. No system attribute is available to distinguish among the uses.