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How to create a rate

A reusable rate keeps hourly billing consistent when you create projects, log work, and prepare client reviews.

Steps

Create a reusable rate for hourly work.

Settings

Manage business details, billing defaults, and reusable hourly rates.

New rate
Business
Rates

Rates

Reusable hourly rates appear on matching projects and work entries.

Only clients using the same currency can select a rate.

Rate
Currency
Hourly price
Status
Strategy
USD
$175.00
Active
Development
USD
$150.00
Active
Design
EUR
EUR 130.00
Active

Step 1 of 7

Open Settings

Open the profile menu and go to Settings when you need to manage reusable rates.

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Detailed guide

Create a rate in Otterflow, step by step

This text version explains how reusable hourly rates work, especially the currency rule that controls where each rate can be used.

  1. Step 1

    Open Settings

    Open the profile or account menu and go to Settings. Rates live in Settings because they are reusable billing defaults, not one-off work log entries.

  2. Step 2

    Open the Rates tab

    Open the Rates tab. This is where reusable hourly rates are listed, created, edited, archived, and selected later by matching-currency projects and work entries.

  3. Step 3

    Start a new rate

    Choose New rate to open the rate form. A rate is a reusable hourly price that can be assigned to hourly projects and work entries. It should represent a service category you use repeatedly, such as design, development, strategy, support, or consulting.

  4. Step 4

    Name the rate

    Give the rate a clear name. The name should be easy to recognize when choosing a default project rate or logging work. A practical rate name is usually the service type, not the client name, because the same rate can be reused across multiple clients with the same currency.

  5. Step 5

    Choose the currency

    Choose the rate currency carefully. Rates can only be used with clients and projects that use the same currency. If you bill one client in EUR and another in USD, create separate rates in each currency instead of trying to reuse one rate across both billing currencies.

  6. Step 6

    Set the hourly price

    Enter the hourly price in the selected currency. When the rate is used for hourly work, Otterflow uses the hours and the rate price to calculate the billable amount. Logged work keeps the relevant billing information for the workflow it moves through.

  7. Step 7

    Add optional context

    Add an optional description if the rate needs private context, such as what is included in the service or when the rate should be used. The description helps internal selection; it is not required to create the rate.

  8. Step 8

    Save and reuse the rate

    Save the form to create the rate. After it exists, the rate becomes available for hourly projects and work entries that use the same currency. If you stop using a rate, archive it so it no longer appears as an active option while existing records remain understandable.