Organization Settings - Standard Rates

Set up the default Rates to assign to the members of organization

A list of Bill Rates can be created and assigned to the Members of organization. Bill Rates apply to Hourly Projects or Phases, where fees are determined by hourly rates.

To learn more please refer to this article

How to add Team Currency?

  1. Click the currency dropdown on the top.

  2. Click + New Currency on the menu.

    info icon
    If you only have 1 team currency at the moment, this step will be skipped
  3. Search for the currency name or three-letter code to find the one you want. Click + icon on the currency to add it.

  4. Click Add.

  5. The newly added currency will show on the menu.

How to remove Team Currency?

  1. Click the currency dropdown on the top.

  2. Hover and click X icon on the currency.

  3. If the Rate is used by a project, it will be archived. Click Archive on the confirmation modal.

  4. Archived currencies will be displayed on the add currency dropdown with “Archived“ label and add them back if needed.

How to add a Standard Rate?

  1. Select the currency in which to create the rates. The page will display only the rates for the chosen currency.

    info icon
    Rates can be created with the same description for different currencies. However, within the same currency, each description must be unique.
  2. Click +Rate on the top.

  3. Enter the Rate amount and the description for the Rate, click Add to create the Bill Rate or Cancel to discard.

Modify Standard Rates

  1. Click on the Rate.

  2. The Rate amount and description can be edited as needed. Click Save to submit the changes, or Cancel to discard.

    To archive the Rate, click Archive.

    warning icon
    Updating rate will automatically apply the update to all members currently assigned to this rate.

Unarchive Standard Rates

  1. Scroll down to see archived Rates.

  2. Click the Rate.

  3. Click Unarchive on the modal.

  4. The Rate will be unarchived.

Did this answer your question?
😞
😐
😁