This feature allows you to set different rate multipliers for different rates. The default value utilizes the value specified in the organization setting.
Learn more about organization default budget settings
On Manage Time Settings, you will see rate multipliers section at the bottom. You can turn it on or off according to your needs.
The default rate multiplier is 1.0
Enter the rate multiplier for each rate. Click Done to close the modal
A confirmation modal will show to confirm if this change will be applied to all existing Phases on the Project or just the new Phases. Select the options according to your needs.
It may take some time to update the numbers. Once the multiplier is applied, you will see it on each Work Category.
If you want to set different numbers for each Phase, you need to turn on Independent Phase Rate setting.
If you have different rate multipliers for Cost Rate and Bill Rate, the rate multiplier will update depends on which rate you are viewing.