I am starting to use the projects module in sage 50 as a basis of keeping track of project costs as the project progresses.
I am at the set up stage, entering the details of the engineers who will work on the project including hourly labour charge. I'm getting myself a little confused and was hoping i could run a few things by the good people on this forum.
For the hourly labour rate, how much do i enter? Will it be
1. The rate they are paid per hour - will this underestimate how much they cost us?
2. The rate they are paid per hour plus employers NI - will this be a true reflection of how must they cost?
3. The rate we charge the engineer out to the customer per hour - will this allow me to work out the project profit accurately as it will not show how much profit we are making from charging out the engineer?
As you can see, i am confused!!
Any help/advise/comments would be greatly appreciated
