Hello everyone,
We're excited to announce a long-awaited, new billing type for projects: Daily Rate!
Until now, projects supported Fixed Cost and Hourly Rate billing. With this update, you can now create projects billed on a daily rate, making it easier to manage and invoice day-based work.
This feature will be rolled out on 25 May 2026.
Here's how it works
- When creating a Daily Rate project, you'll set the number of hours that constitute a full day.
- Time entries for these projects are logged as Full Day or Half Day.
- Only one time entry per user per day is allowed for Daily Rate projects.
- When invoicing, the quantity will reflect in days, not hours.
Note: Once a project is set to Daily Rate, the billing method cannot be switched between the two. Daily Rate timesheets also cannot be combined with Hourly Rate timesheets on the same invoice.
A full breakdown of the feature will be available in our help documentation once it's rolled out.
As always, feel free to share your feedback or questions below. 😊
Best regards,
The Zoho Billing Team