Timesheet and rate card glossary

This glossary defines key terms used in timesheet calculations and rate configuration in Beeline Professional.

A

Amount

The invoice mapping designation for a standard rate that represents the billable value of time worked. Rates mapped as Amount appear as core billable line items on a timesheet and invoice. See also: Fee, Tax.

B

Bill rate

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

See VMS fee.

C

Client-funded model

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

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

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

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

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

A category assigned to a fee that determines how it is aggregated in reporting and invoicing. Supported fee types include:

  • MSP Fee — Aggregated as Total MSP Fees

  • VMS Fee — Aggregated as Total VMS Fees

  • Other Fee — Aggregated as Total Other Fees

Formula rate

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

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

A rate type in which a worker is billed a fixed amount per hour worked.

M

Monthly rate

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

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

Other Fee

A fee type used for costs that do not fall under MSP Fee or VMS Fee. Aggregated as Total Other Fees.

Overtime

A rate applied when a worker exceeds standard working hours.

P

Program fee

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)

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

An optional configuration that stores rate ranges, fees, and taxes for use during sourcing. Supports budget projections for job postings.

Rate invoice mapping

A setting that determines how a rate is categorized on timesheets and invoices. Supported values:

Regular time

The standard rate applied to hours worked within normal working hours. Naming depends on customer configuration.

S

Static rate

A fixed rate per hour, day, or month (for example, $100/hour). See also: Formula rate.

Supplier-funded model

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

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

A configuration that determines how time is entered on a timesheet. Each time code maps to a specific rate.

Timesheet rules

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

A time entry method for daily rate workers. Time is recorded using preset increments:

  • 1.0 (full day)

  • 0.75 (three-quarter day)

  • 0.50 (half day)

  • 0.25 (quarter day)

The system converts units to hours for reporting and invoicing.

V

VMS fee

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.

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