Rate Codes are one of multiple tiers that can be utilized for the payroll and billing hierarchy. To access them, navigate to the "Clients" module, and once there, open a client general information, then look to the top tabs for one called "Rate".
Rate Codes can be added or modified from this screen. Rate Codes are then assigned to work sites that can then be associated with any shift or job associated with that specific worksite and will override the first level of the payroll and billing hierarchy which is the worksite/job level.
The Rate Codes created here can then be utilized on schedule templates to determine the pay and bill values for those schedules.
In the "Job Assignment" module they can be assigned to the assignment as a whole that all default to or individuals.
In regards to "Job Assignments", they result in timesheets that have the ability to be manually entered and contain an area for Rate Codes.
Lastly in the "Employee Profile", employees can be assigned to Rate Codes so that when used it will ignore the values listed in the rate code originally.
Furthermore, Pay/Bill at the rates assigned to the rate code in the employee profile. In all cases of a pay and bill rate field, there will be a partnered effective date field that allows you to have the rates change on a specific date.