The conversion factor allows you to specify how different time units (e.g. days or half-days) are automatically converted into your standard time unit (usually hours) when converting quotations into projects. This enables you to offer your customers clear, fixed-price quotes without having to manually adjust the project monitoring...
In bexio, you can manage business activities under "Settings - Business Activities". You can create new activities with a name, standard hourly rate, and standard income account. This information is automatically used in project conditions when the "Hourly rate activities" billing method is selected. In bexio, you can create, structure,...
Under Settings → All Settings → My Company → Basic Settings, in the "Services" section, you define whether recorded times are not, normally, rounded up or down and specify the desired interval rounding factor from 5 minutes to 1 hour.
In addition to the project status, you can also define a substatus for a project. The project status can be “Open,” “Active,” or “Archived,” while the substatus covers various phases such as “Quotation Phase” or “Documentation.” Unlike the project status, you can customize, delete, or create a new substatus.
The rounding settings relate to time entries that are imported into invoices and are used to smooth out these billable time records. Although the rounding type and factor can be adjusted when creating the invoice, they ultimately govern how the time entries are valued. Users can select between the rounding type (e.g., Round Up or Round...