Skip to content
English
  • There are no suggestions because the search field is empty.

How to Recalculate Uninvoiced Hours with a Fixed Amount in PSOhub

Learn how to apply a fixed amount to adjust rates for uninvoiced time entries, ensuring accurate billing before invoicing in PSOhub.

Updated: 14 March 2026

Audience

  • PSOhub Administrators
  • Financial Controllers
  • Project Managers with full financial access

Objective

For any project, there can be instances when, after partial invoicing, the resource selling rate or cost rate changes, or a mistake has been made. In PSOhub, there is an option to increase the selling rate and cost rate with a fixed amount and recalculate the costs of resources planned for the project all at once.

In the example below, you will see that we have one contract line called Consultancy, and some hours have been invoiced based on the hourly rates of the project team members:

Recalculate the rate of hours not yet invoiced

The current Selling rate of $250.00 for hours booked. The first entry has been invoiced, which is reflected in the amount invoiced above:

Hours report of booked hours before recalculating rates

Now, imagine that halfway through the project, a mistake was made with the Selling and/or Cost rate, or the rates have increased/decreased.

Steps

  1. In the Team tab, change the Selling rate and/or Cost rate for a role(s).
    Modify the team member rates in the project and recalculate the uninvoiced hours

  2. Click Save to return to the Team tab and see the updated rates.
    Modified team member rates before recalculating booked hours

  3. Click the Contract tab.
  4. Click the ellipsis button and select Increase rates & recalculate.
    Increase rates and recalculate
  5. In the following window, select the Recalculate open timesheets after updating rates check box.
    Increase rates or recalculate hours for a project
  6.  Click Confirm & Increase rates.
  7. The Confirmation dialog window will appear. Click Confirm.

  8. On the next dialog window, click Confirm.
    The recalculation of the outstanding timesheets will be updated with the new rates
  9. You will receive an email once all timesheets have been updated.
  10. Click OK.
  11. Refresh the page.
  12.  Go to the project's Hours panel and select Show all related hours.
    The new rate and recalculated hours will appear.
The new rate and recalculated hours
 

Next Steps