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Resource Rate — Set What Each Machine and Worker Costs Per Hour

Overview​

A resource rate is what a resource costs for an hour of work — a machine's running cost, a worker's wage, a tool's charge. Once a rate is set, every job that books time on that resource carries the right cost automatically: the hours the job spends on the resource are multiplied by the rate, and that becomes part of what the job cost you to make. This is what turns your schedule into real numbers.

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Availability depends on your plan and your role.

Before you start​

  • Have your resources set up first — a rate is always set against a specific machine, worker, facility or tool. See Resources, rates & skills.
  • Decide the hourly cost in your own currency. Rates are held per hour, so a 4-hour job on a machine at a given per-hour cost carries four times that cost.

Step-by-step: set a rate for a resource​

Step 1: Open Resource Rate​

From the left sidebar, open Production, then Resource Rate. Click + Add Rate.

Step 2: Choose the resource​

Pick the machine, worker, facility or tool this rate is for.

Step 3: Enter the hourly amount​

Enter what an hour of this resource costs. For example, a CNC machine that costs a set amount per hour to run: a 4-hour job on it then carries four hours of that cost. A worker's rate is their hourly wage.

Step 4: Set the date it applies from​

Enter the date the rate starts applying. You can leave the end date open, which means "this is the current rate until you set a new one". Rates work by date so that a cost change from, say, the first of next month doesn't quietly reprice jobs you already ran (see How a rate change affects past and future jobs).

Step 5: If the rate is only for certain hours (optional)​

If your rate is different for overtime hours, or for a particular named shift, you can say so — for example a standard rate for regular hours and a higher one for overtime. If you don't vary your rates this way, leave it as the everyday rate and it applies to every hour.

Step 6: If you split a cost into parts (optional)​

You can hold a resource's cost as a single hourly figure, or break it into the parts it's made of — wages, power, rent, consumables and maintenance — when those change on different dates or you want to see them separately. A machine hour might be part power and part maintenance while the person running it is a wage. Splitting is optional; a single figure is perfectly fine.

Step 7: Save​

Click Save. New jobs booked on this resource will now carry this cost.

How a rate change affects past and future jobs​

A rate can change — a new electricity tariff, a revised wage, a machine that's cheaper to run once it's paid off. You don't overwrite the old rate; you add a new one with the date it starts from.

What you doWhat happens
Add a new rate starting next monthJobs run from that date carry the new cost
Leave the old rate as it wasJobs already run keep the cost they were given
Set an end date on a rateIt stops applying after that date, and the next rate takes over

Because each rate carries the dates it applies to, a costing report you run next year still shows last year's jobs at last year's cost — history isn't repriced. The cost is worked out from the date the work actually happened.

How a rate feeds job costing​

  1. You book a job's step onto a resource on the schedule board.
  2. Bizconnekt takes the hours that step spends on the resource.
  3. It multiplies those hours by the resource's rate for that date.
  4. That cost is carried onto the job, alongside the material it consumed — so the finished job shows what it really cost to make.

A worked example. A CNC machine is set at an hourly running cost. A job books four hours of turning on it, so the job carries four hours of that cost. If the same job also books two hours of a welder's time, it carries two hours of the welder's rate on top. Add the material, and you have the job's true cost.

Need help? Contact support at support@bizconnekt.com