Update charge and cost rates

Open: Project Accounting > Project Maintenance > Hierarchy.

Select the resource or level for which you want to update the rate.
On the Charge Rates or Cost Rates tab, highlight the rate that you want to update.
Click Update Rate.

The Update Charge Rate window appears. The Description shows the name of the rate to be changed.
Choose if you want to update the rate by a Percentage or set it to Fixed amount.
- To update the rate by a percentage, enter the value by which you want to increase or decrease the rate. For example, to increase the rate by 5% enter 5, or to decrease the rate by 10% enter -10.
- To update the rate by a fixed amount, enter the value to add to or subtract from the rate. For example, to subtract 10 from the rate enter -10.
If you have selected a hierarchy level, you can choose whether to apply the change to resources in this level, and also cascade the change to resources and levels further down the hierarchy.
- To update the rate in levels below this level in the hierarchy, enable Cascade update to sub levels.
  Note: This will not adjust the rates for resources with a level unless Update Resources is also enabled.
- To update the rate for resources in a level, enable Update Resources.
Click OK to change the rate.