There are two types of rate setups in Brief Accounting, Staff Rates and Position Rates.
Each Staff can have a number of different rate types (code) set up with a specified hourly rate amount. Each Matter (or Client) is assigned a rate code. When time is entered on a given matter for a timekeeper, their default hourly rate for that matter will be used. This is the most common rate setup used.
Position Rates are assigned by Billing Position (eg. Sr. Partner, Jr. Partner, Associate, etc.). Each staff is assigned a billing position.
Hourly billing rates for each position are set for individual Matters (or Clients). When time is entered for a staff in a matter, their hourly rate for their position as set in the matter is used.