Rabbiit Glossary

Learn the main terms used by professionals and companies to manage projects, time and productivity.

Administrator User

Access profile with broad management powers over the company account.

API

Interface that allows different software systems to integrate.

Backlog

List of pending tasks not yet started.

Billable Hours

Hours that will be charged to the client.

Billed Status

Indicates that a time entry has been financially processed.

Billing

Invoicing and collection process.

Budget

Estimate of resources (hours or financial) for a project.

Budget and Billing

Configuration tab where you set whether the project is billable and the budget/hour limit.

Burnout

Physical and mental exhaustion caused by work-related stress.

Capacity

Total hours a collaborator can work in a given period.

Compliance

Being in conformity with regulations and laws.

Copy Project

Feature to duplicate an existing project structure (phases and tasks).

Custom Fields

Extra fields created by the user to capture information the system does not have natively.

Data Export (CSV/XLS)

Feature to export reports for external analysis tools.

Date Lock

Feature that prevents entering or editing hours in closed periods.

Decimal Hours

Conversion of hours and minutes to decimal format for financial calculations.

Direct Billing

Turning recorded hours into invoices for billing.

Estimate

Forecast of how long a task will take.

Fees

Payment to independent professionals. In Rabbiit, it refers to the service contract value.

Fixed Price

Total value set for a project/service regardless of time invested.

Global Tasks

Activity categories that repeat across projects.

Gross Margin

Gross margin between revenue and direct cost.

Hours Summary Report

Analysis tool that groups time and value data in a customizable way.

Inactive User

Status of a collaborator who no longer works at the company but whose historical data must be kept.

Internal Hourly Cost

How much one hour of a collaborator costs the company.

Kanban

Visual work management system using cards and columns.

LGPD

Brazilian General Data Protection Law.

Monthly Close

Action to review and lock all data for a month for invoicing and payments.

Monthly People Dashboard

Consolidated view of the whole team's allocation for current months.

Net Profit

Final net profit after all expenses.

Non-Billable Hours

Time spent on tasks that do not generate direct billing.

Overhead

Fixed operational costs not directly linked to production.

Overtime

Hours worked beyond normal schedule.

Permissions

Structure of access levels that defines what each collaborator can see or edit in the software.

Project Manager (Project Level)

Permission profile with full control over a specific project, without being an account administrator...

Project Member

User with access to view and log hours on a specific project.

Project Profitability

Profit generated by subtracting hour costs from total revenue.

Public vs. Private Project

Visibility levels of a project to the team.

Retroactive Entry

Time entry made for past dates.

ROI

Return on investment.

SaaS (Software as a Service)

Software delivered over the internet as a service.

Scope Creep

Unplanned increase in project scope.

Stopwatch (Start/Stop)

Real-time time tracking tool.

Super User

Access profile with an intermediate level in the system.

Tax Rate

Tax rate applied.

Team Efficiency

Ratio between hours delivered and hours planned.

Technical Hourly Rate

Amount charged per hour of specialized work.

Terms of Use

Rules for using the service.

Time and Materials (T&M)

Billing model based on actual hours worked.

Timesheet

Systematic record of hours worked on each task or project.

Timesheet Lock

Feature that prevents entering or editing hours in closed periods.

Utilization (Capacity)

Comparison between productive hours and available capacity.

WBS / EAP

Hierarchical breakdown of the total scope of work.

Weekly People Dashboard

Consolidated view of the whole team's allocation for the current week.

Workflow

Sequence of steps to complete a process.