Efficiently Track Project Costs with Empress Activity Cost

Guides & Tutorials
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Introduction

Introduction

In the business world, tracking costs is vital to maintaining a healthy bottom line. Empress makes this easy with the Activity Cost feature. This tool records the per-hour billing rate and costing rate of an employee for a specific activity type, helping you determine the overall Project Cost. This guide will walk you through the process of how to use the Activity Cost feature in Empress.

Accessing the Activity Cost Feature

To start using the Activity Cost feature, follow these steps:

  1. Log in to your Empress account.
  2. Navigate to the top of the homepage.
  3. Click on Projects.
  4. From the drop-down menu, select Time Tracking.
  5. Click on Activity Cost.

And just like that, you’re in the Activity Cost section!

Creating an Activity Cost Record

Creating an Activity Cost record is as simple as 1, 2, 3…4! Here’s how:

  1. Click on New in the Activity Cost list.
  2. Fill in the employee’s name for whom you’re setting the Activity Cost.
  3. Input the Costing Rate and Billing Rate for that employee.
  4. Click Save to store your data.

Just by following these steps, you can create an Activity Cost record for any employee in your organization.

Alternative Method

You can also create an Activity Cost through the Activity List. Here’s how:

  1. Navigate to the Activity List.
  2. Click on New.
  3. Fill in the required fields.
  4. Click Save.

Note

The Activity Cost feature is a powerful tool for project costing and budget management. It allows you to accurately track the cost of individual project activities in relation to specific employees. This can provide valuable insights into project efficiency and profitability, enabling more informed decision-making. So, it’s recommended to keep these records updated regularly.

Conclusion

In summary, the Activity Cost feature in Empress is a valuable tool that can enhance your business processes by providing insights into project costs and profitability. This guide has guided you on how to access and use this feature. Now, you can efficiently track, sort, and manage your project costs with ease. If you need more information, feel free to explore other non-technical resources or reach out to our support team. Happy cost tracking!