A list of Bill Rates can be created and assigned to Members within the organization. Bill Rates are used in Hourly Projects or Phases, where fees are calculated based on hourly rates. The page displays only the Rates associated with the selected Currency.
To learn more please refer to this article
Navigate to Organization Settings > Standards > Rates Page. Click the Currency dropdown at the top.
From the dropdown menu, choose + New Currency.
In the search field, enter the currency name or three-letter code (e.g., USD, EUR) to locate the desired currency. Click the + icon next to the currency to add it.
Select Add to confirm.
The newly added currency will now appear in the Currency dropdown menu.
Click the Currency dropdown located at the top of organization settings > standards > Rates page.
Hover over the currency to be removed and click the X icon that appears.
If the Rate associated with the currency is currently used by a project, the currency will be archived instead of deleted. In this case, click Archive in the confirmation modal to proceed.
Select the desired currency from the top Currency dropdown menu.
Click +Rate on the top.
Enter the Rate amount and a description, then click Add to create the Bill Rate, or click Cancel to discard the entry.
The newly created Rate will appear in the list, sorted in alphabetical order.
Select the desired currency from the top Currency dropdown menu.
Click on the desired Rate from the list.
Edit the Rate amount and description as needed. Click Save to apply the changes, or Cancel to discard them.
To archive the Rate, click Archive.
Scroll down to see archived Rates.
Click the Rate.
Click Unarchive on the modal.
The Rate will be unarchived.
