Expenses / Direct Costs
In a budget / contract, the expenses / direct costs refer to all the non labor costs that are needed to execute the contract. For example:
- Travel and accommodation
- Software licences
- Hosting fees
- Equipment
- 3rd party service
In most cases there is no margin associated with these items as you charge them at cost to the client. Nonetheless, Conduite does allow to specify a margin. This can be useful when you are reselling services and get a commission (ex: hosting services, licences).