Updating the default price for global billable extras

How to update the default price

1. Go to Settings in the main navigation.

2. Select Billing, then open the Expense catalogue.

3. Find the expense type you want to update and open it.

4. Select the Pricing history tab.

5. Select Add pricing change.

6. In the panel that opens, enter:

   • Price – the new default amount (in pounds)

   • Tax rate – the applicable tax rate for this expense type

   • Effective from – the date from which this price should apply

7. Save the change.

The new price will appear in the pricing history with a status of Future until the effective date is reached, at which point it becomes Current. Found will use the current default price to pre-populate the amount whenever a new billable extra is created using this expense type.