Timesheet and rate card glossary
This glossary defines key terms used in timesheet calculations and rate configuration in Beeline Professional.
B
- Bill rate
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The baseline rate defined on a worker’s engagement that represents the agreed cost per hour, day, or month. In Beeline Professional, the bill rate is a single flat value and serves as the reference point for formula-based rates, fees, and taxes. Calculated or composite bill rates are not supported.
- Beeline fee
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See VMS fee.
C
- Client-funded model
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A funding model in which the client pays program fees. In Beeline Professional, client-funded fees are configured as positive multipliers on the engagement and are added to the Bill rate when calculating the client amount. See also: Supplier-funded model.
D
- Daily rate
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A rate type in which a worker is billed a fixed amount per day worked rather than per hour. Workers can enter time in hours or units of work.
- Double time
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A rate applied when hours qualify for an elevated overtime tier. Typically configured as a formula rate (for example, 2 × Bill rate). Availability depends on customer configuration.
E
- Engagement
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The record that defines a worker’s assignment, including rate type, Bill rate, fees, taxes, and time codes. Rates, fees, and taxes are configured at the engagement level.
F
- Fee
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The invoice mapping designation for a program cost configured on an engagement. Fees are calculated when a worker submits a timesheet and appear as separate line items. Fees can be positive (client-funded) or negative (supplier-funded). See also: MSP Fee, VMS Fee, Other Fee.
- Fee type
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A category assigned to a fee that determines how it is aggregated in reporting and invoicing. Supported fee types include:
- Formula rate
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A rate calculated as a multiplier of another rate. For example, an overtime rate configured as 1.5 × Bill rate. See also: Static rate.
H
- Holiday
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A rate applied to hours worked on designated holidays. Typically configured as a static rate rather than a multiplier. Availability depends on customer configuration.
- Hourly rate
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A rate type in which a worker is billed a fixed amount per hour worked.
M
- Monthly rate
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A rate type in which a worker is billed a fixed amount per month, regardless of days worked. Submitted hours are used to calculate adjustments.
- MSP Fee
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A fee charged by a Managed Service Provider (MSP) or Vendor Management Office (VMO) for managing the contingent workforce program. Configured as a formula rate and categorized under the MSP Fee fee type.
O
- Overtime
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A rate applied when a worker exceeds standard working hours.
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For hourly workers: typically a formula rate (for example, 1.5 × Bill rate).
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For daily or monthly workers: a static hourly rate.
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P
- PMO
- Program fee
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A collective term for costs associated with managing a contingent workforce program, including MSP fees and VMS fees. Configured on each engagement and calculated at time submission.
- Program Office Administrator (PMO)
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The user role responsible for configuring and managing engagements, rates, fees, and taxes. This role may belong to an MSP, VMO, or client organization.
R
- Rate card
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An optional configuration that stores rate ranges, fees, and taxes for use during sourcing. Supports budget projections for job postings.
- Rate invoice mapping
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A setting that determines how a rate is categorized on timesheets and invoices. Supported values:
- Regular time
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The standard rate applied to hours worked within normal working hours. Naming depends on customer configuration.
S
- Static rate
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A fixed rate per hour, day, or month (for example, $100/hour). See also: Formula rate.
- Supplier-funded model
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A funding model in which program fees are charged to the supplier. Configured as negative multipliers and deducted from the supplier amount. See also: Client-funded model.
T
- Tax
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The invoice mapping designation for a government-mandated charge. Taxes are calculated at time submission and always configured as positive values. A corresponding tax must be defined for each applicable rate and fee. Aggregated as Total Taxes.
- Time code
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A configuration that determines how time is entered on a timesheet. Each time code maps to a specific rate.
- Timesheet rules
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An optional feature that automates time code allocation based on predefined rules. When enabled, workers submit time under a general code, and the system assigns specific codes automatically.
U
- Units of work
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A time entry method for daily rate workers. Time is recorded using preset increments:
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1.0 (full day)
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0.75 (three-quarter day)
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0.50 (half day)
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0.25 (quarter day)
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The system converts units to hours for reporting and invoicing.
V
- VMS fee
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A fee charged for use of the Beeline Professional platform. Also known as a Beeline Fee. Configured as a formula rate and categorized under the VMS Fee fee type.