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Module: Standard Cost


Set a cost for employees/contractors

With the Standard Cost module you can set an hourly cost for anyone working in your organization (employees, contractors, etc.).
This is a standard cost, meaning an average cost per hour that you calculate including salaries, benefits, etc.

Setting standard costs is useful if you want to create reports on the profitability of clients, projects or staff, or to evaluate overall working costs.

To set up standard costs:
  • Go to the page for the desired person (see How to navigate in BeeBole for help with navigation).
  • Click "Customize" in the top-right menu.
  • Locate the module "Standard Cost" in the catalog, and drag and drop it onto the person's page.
  • Choose how the cost will be distributed (a unique cost, cost per task, etc.) and complete the cost and currency fields.

Different costs depending on customers/projects


If your employees' or contractors' costs differ from one customer to another, you can define the unique costs directly on the customer or project page.
  • Go to the customer or project page (see How to navigate in BeeBole for help with navigation).
  • Click "Customize" in the top-right menu.
  • Locate the module "Standard Cost" in the catalog, and drag and drop it onto the customer/project page.
  • Choose how the cost will be distributed (a unique cost, cost per task, etc.) and complete the cost and currency fields.

Priority in costs applied

The Standard Cost module can be set for sub-projects, projects, clients or people.
When an employee records hours, the priority with which costs will be applied is:
  1. The standard cost defined for the sub-project;
  2. if none, the standard cost defined for the project;
  3. if none, the standard cost defined for the client/company;
  4. if none, the standard cost defined for the employees/contractors.

Applying a new cost/updating a cost

When you define a standard cost or update an existing one, it will only be applied to hours recorded after the change.
However, in the module you can select a time period to apply the change to existing records.


You can choose to apply the new cost to a date range of your choice, or to all records made by that person.

The option to apply a new standard cost to existing records can also be found in the Approval module.
Just select the records you want to apply the new cost to, and click the "Update rates & costs" button.