Time increments is part of the billing updates. All billing updates are available to users on an opt-in basis. Contact your Filevine representative to learn more.
Time entries, including those added with the timer, can be set up for minimum time increments of either 0.1 hour (6-minute increments) or 0.25 hour (15-minute increments).
The minimum time increment is set by rate schedule in Billing Setup. To set up a minimum time increment, go to the main menu and click Advanced > Billing Setup. In the “Rates” tab, under the selected rate schedule, you will find the minimum time increment dropdown.
Click the dropdown and choose from either no minimum time increment, 0.1 hour, or 0.25 hour. The minimum time increment is set per rate schedule,so different minimum time increments can be set for different rate schedules.
When a minimum time increment has been set for a rate schedule, any project using that rate schedule will round up to the next minimum time increment for any time entry.
For example, if project A uses the default rate schedule, which has a 0.1 hour minimum time increment, then a time entry of 8:00 minutes will appear on the invoice and be billed as 12:00 minutes: 2 of the 6-minute minimum time increments.
Likewise, if project B uses a rate schedule with a0.25 hour minimum time increment, an entry with the timer of 2:00 minutes would appear on the invoice and be billed as 15:00 minutes: 1 minimum time increment.
All time entries on invoices will list the time adjusted for minimum time increments, rather than the original time. However, the original time is recording and can be accessed through a report.
The Customized Billing Items report will have an additional report column option called “Original Quantity,” which will give the original time of a time entry, for any record-keeping or recording purposes.