Temporic

Help & documentation

Welcome to Temporic

Your comprehensive guide to tracking time, managing timesheets, and streamlining your workflow. Select a topic below to learn more.

Understanding Rates

The system uses two distinct types of rates to track financials. Understanding the difference is crucial for accurate billing and payroll.

Billable Rate

What you charge the client. Used to generate invoices and calculate project revenue.

Example: You charge Client A $150/hr for your developer's time.

Cost Rate

What you pay your employee. Used to calculate payroll (gross pay) and project costs.

Example: You pay your developer $60/hr (plus overtime if applicable).

1. Billable Rate Hierarchy

When a user logs time, the system determines the Billable Rate based on priority. The most specific rate always wins.

1
Task Rate
Highest Priority

Defined on a specific Project Task.

"Design Work" task = $200/hr. "Meeting" task = $100/hr.

2
Project Member Rate
Medium Priority

A customized rate for a specific user on a specific project.

Jane Smith on "Website Redesign" = $175/hr.

3
Project Default Rate
Lowest Priority

The fallback rate for the project if no task or member rate is found.

Standard project rate = $150/hr.

2. Cost Rate & Payroll

Cost Rates are stored securely in the user's profile and are visible only to Admins.

How Payments are Calculated

Regular Pay
Hours × Hourly Cost Rate

Applied to the first 40 hours per week.

Overtime Pay
OT Hours × Overtime Rate

Applied to hours exceeding 40 per week.

Default OT Rate = 1.5 × Hourly Cost Rate