Choose hourly rate

In the Standard hourly rate field, a specific hourly rate is chosen if all tasks that are settled by time spent should have a determined hourly rate as a starting point, or an Employee standard rate, if the hourly rate for each employee's work as a starting point should be completed by the individual's standard hourly rate applicable to the employee on the relevant project. The employee’s standard hourly rate is determined as described in 3.2 Rate hierarchy.