How to set up and change project hourly rates?

Project hourly rates help you calculate your project costs. By enabling this feature, you'll be able to see how much each project costs the company. You can also use this feature to bill your customers or calculate individual employee costs accurately.

To enable the feature, go to Settings -> Company -> tick the ''allow project costs'' box.

Next, you can add default hourly rates for each employee, go to Settings -> Employees -> Edit and add the default hourly rate. It will be the employee's default rate for all projects he or she will work on.

You can also adjust employee hourly rates for specific projects. To do it, go to Projects and find the project you want to edit. Then open it, find COSTS, click Edit, find the employee and change his/her hourly rate.

See the video below and learn how to enable and manage costs in the Projects section or under Settings-> Company and Settings->Employees.