Home › Forums › Feature Requests › Fixed price projects

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  • June 28, 2011 at 11:02 am #1060
    Anonymous
    Inactive

    Hi

    I’m loving Klok, but there’s one feature which would make it even more useful for me:

    I often provide a fixed price for a project, and it would be really handy to be able to enter this within Klok. I can then see, when the project is completed, what my effective hourly rate has been based on (fixed price) divided by (time spent).

    Thanks.

    Mark.

    August 2, 2011 at 11:55 am #1854
    Scott MckeownScott Mckeown
    Member

    Not a bad idea. I will forward this to the devs for review.

    Thanks

    October 26, 2011 at 8:16 pm #1855
    Anonymous
    Inactive

    Just to add a +1 to the OP’s request. Here’s my scenario. I work on a monthly fixed retainer for one of my clients/projects. While I’m allotted a minimum number of hours to meet the requirements of my retainer, I don’t bill for hours I work in excess of that minimum commitment. So, in my case each monthly sub project I create for this client has a monthly cap on the hours I can bill. For example, I have 90 hours for October. My retainer is $9,000. I bill $100/hr up to 90 hours. Anything above 90 hours is gravy (for them :D ) and isn’t billable.

    It would be great if Klok could accommodate this scenario.

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