Projects - Lock staff pay rates
The ability to 'lock in' previous periods pay rates in Projects. Currently, when uploading any pay rate changes per member of staff, this cascades back to all hours worked on projects which skews figures.
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Vilija Blazeviciute
commented
There are several issues with Xero and this is one of the main ones that is making us reconsider Xero as a whole. We cannot run our projects through Xero simply because the historical information is changed once the rates are updated. For example, an apprentice of lets say £6/hr has increased to £15/hr, this is a massive increase on all previous projects, it changes the cost by thousands and is no longer accurate. If we leave the costs as they were originally put in then the new projects information will be wrong, if we update the costs to make the current information right then the historical information is all wrong. It's a lose lose situation!
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Emma Burden
commented
We are trialling Xero projects currently, unfortunately this will be a deal breaker to continue using the system long term as it means we can't run our projects through it accurately enought to keep track of profitability and work in progress over a financial year.
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Deio Jones
commented
This is one of the reasons we can't currently use Xero and we're postponing our change over from Quickbooks.