QUESTION: When I set a No Time activity code with a flat rate (285.00), and the time sheet entry then requires a value in the Time column, I end up with an hourly rate at minimum of 10x the flat rate…
RESPONSE: The objective of the no time code concept is to facilitate the use of the regular matter invoice where timekeeping is not required. Because there is expected relevant context, typically this code is not specially rated and it is applied to a fictitious timekeeper (i.e., the firm lawyer for example).
Cost per unit: When we rate a code using the rate type cost per unit, the unit of measure is an hour, therefore if this is combined with 0.10 of an hour as a fixed time, use of this code will result in a value of 2,850.00.
It appears that the value for this activity code is 285.00, therefore (fixed fee more than a cost per unit) in which case the users can enter whatever time they want, and it will be 285.00. If you want to keep the cost per unit and set a fixed time, then the rate must be 2,850 per hour, so 0.10 will result in 285.00.