*This feature is available with the Synergy Business or Enterprise products.*
Track how many extra hours are worked each day using overtime rates. Enter overtime for extra hours worked on project tasks or internal tasks. The overtime rates can either increase the charge-out value of the work to your client, or increase the cost of you completing the work.
Samples of overtime rates are:
- Double time - used for extra hours on public holidays or extra hours on Sundays. Mostly setup to double the cost (2.0) and double the charge out value (2.0).
- Time and half - used for common overtime hours. Mostly setup for both cost and charge-out value to be x 1.5 the standard value.
- Overtime - salaried - extra hours were worked, but no extra pay will be given for this as the staff member is on salary and not paid overtime. This type of overtime rate would be used for reporting purposes, and have charge out set to 1 to invoice the client at the normal value. The cost in this case would be set to 0, as the staff member completed this work as unpaid overtime (part of their project commitments for a salaried job role).
Using overtime rates
If you work on the same timesheet task for both the 'standard' hours and 'overtime' hours, then you will need to enter this as two timesheet rows.
Jill Lockhart is a salaried staff member who does not get paid for working overtime hours. Any overtime hours are invoiced to the client at the standard rate value (charge out value is 1), but there is no additional cost to the company (cost is 0). Jill has worked 12 hours on a Design task for the Australian Golf Club project, which includes 4 hours of non-paid overtime. This would be entered in Jill's timesheets as:
|Australian Golf Club||Concept Design||Design||Landscape Architect||Standard||8|
|Australian Golf Club||Concept Design||Design||Landscape Architect||Overtime - salaried||4|
The transactions tab for the project shows which overtime rate was selected. This allows you to check in the project, or your transaction reports the details of the overtime rates that you or the team have entered against timesheets.
- Overtime rates are setup in Settings > Financial Settings > Overtime rates.
*This feature is available for the Synergy Business or Enterprise products.