Prep Your Projects A step-by-step guide to creating projects in CloudBooks. https://www.cloudbooksapp.com/

1. PREP
YOUR
PROJECTS
A step-by-step guide to creating
projects in CloudBooks.

3. To start setting up a project, head to your Projects section, then
click New Project in the top right of the page.

4. When you create a project, you’ll first enter the Client and Name of that
project. There are also a few optional pieces of information you can add:
Project Code to help identify your project.
Start and End Date, so you can track when the project was
started, and see if it’s approaching its deadline. This does
not limit the ability to track time to that date range.
Notes for any additional information you’d like to include, such as a
statement of work or comments on the scope of the project.

6. One of the useful parts of the project setup is
the Invoice Method and Budget.
These will drive how your reports and invoices look in
CloudBooks.
The best invoice method for you depends on how you
already organize your projects:

7. Do you bill your clients at an hourly rate? You may refer to
this as time and materials.
Billing hourly means that you get paid for the number of hours you actually
spend working on the project. CloudBooks lets you choose from several
different types of hourly rates when creating a project:
Person hourly rate – Based on the hourly rate for each member of your
team.
Each team member you add to the project will need to have a billable rate
entered.

8. Project hourly rate – You’ll enter just one hourly rate for the
entire project. This rate gets applied to all billable hours tracked to
the project, regardless of who works on it or what type of work is
being done.
Task hourly rate – Based on the hourly rate for each task added to
the project. You’ll need to enter billable rates for all billable tasks.