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Can I make the items linked to a job not based on time quantity, but on a fixed cost?

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Can I make the items linked to a job not based on time quantity, but on a fixed cost?

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Open the required item’s data page. Select the financial tab of the item and check the ‘Use fixed rates’ checkbox. The item will be charged for at a fixed cost regardless of the amount of hours used. The amount charged will be the hourly rate specified for the item.

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