Set up timesheet charge rate types

A charge rate is the amount charged for an individual when working for a period of time on an activity. The charge rate may be set to be the cost rate with an element of margin added, or it may be set to a specific rate for a project or client.

To set up a charge rate type

Open: Project Accounting > Project Maintenance > Charge Rate Types.

  1. Click Add to create a new charge rate type.
  2. Enter a Code and Description for the charge rate.

  3. When you have set up your charge rate types, click OK.

    Note: The charge rate value for an individual or group is set in the hierarchy.

See also

Steps in this task

Set up timesheet cost rate types

Set up a resource hierarchy