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