Revenue and Cost rates

You can set an hourly rate when assigning a user to a project. This rate is used to calculate budget usage and, for billable projects, to calculate revenue.

Optionally, you can add a second rate to calculate the cost of the user or resource. The difference between revenue and cost gives you the gross margin or gross profit for that resource.

The second rate is flexible — it can be in a different currency, and you can customize its label to fit how your team uses it.

Enable the second rate

By default, each user has one hourly rate. To enable a second rate:

1. Log in as an Admin, click the gear icon in the top right, and choose Configure eHour.
2. Set “Enable two hourly rates per user?” to Yes.
3. (Optional) Customize the label for the first rate. The default is "Hourly rate".
4. (Optional) Customize the label for the first-rate total (time tracked × rate). The default label is "Revenue".
5. (Optional) Customize the label for the second rate. The default is "Cost rate".
6. (Optional) Customize the label for the second-rate total. The default is "Cost".
7. (Optional) Choose a different currency for the second rate, if needed.
8. Click Save.

Where to Use the Second Rate

Once enabled, you can set a second rate in the following places:

• When assigning a user to a project
• When assigning a team to a project
• As a default second rate in each user's profile

Reporting with the Second Rate

To include the second rate in reports:

1. Open the Reports section and click Customize.
2. In the columns dropdown, you’ll see a new column for the Cost Rate (or your custom label).
3. You’ll also see a Cost column, showing time tracked × cost rate.