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Project Specific Hourly Cost

Hi,

I’m trying to set Invoicing through Time Sheet. Figured out that to make billing work through Tasks and Timesheet, we have to set up the Activity Cost (Billing Cost and Costing Rate) based on Activity type, but not specific to the project. My requirement is to bill the customer say 20 USD per hour for Activity type “Development” for customer A with Project A and 25 USD per hour for Activity type “Development” for customer B with Project B.

Is this possible?