Sometimes clients will agree on a project provided that our company will do some responsibilities out of charge. This can be for example training for client representatives or documentation. While our Client will not pay us for this work, we will still have to settle it with our employees. In this example, we're using bug fixing, but as usual, it can be applied for all sorts of situations.
This is a hypothetical example!
John's company has acquired a project deal with Company B. The project will last 3 months. Secured deal details that bug fixing will be free of charge during the project.
- Let's create Time & Materials project lasting 3 months.
- Let's add an employee, who will have two assignments - one regular, 100% capacity, and 200 euro hour rate (1), and the second named bugfixing with no utilization and marked as non-billable (2).
- Our employee has logged time in both assignments.
- Let's go to the Report and see how finances are shaping for the first month.