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Can we get different person rate for a same user if we use two different projects to book the hours?

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We have requiremnt wherein we need to have different person rate for a one single user/employee if two different projects are used to book the hours. As a example- when labor cost transaction is booked for that user for Person ABC, using project X- rate to be used for cost calculation is 750.

When this same person uses project Y to book the hours, rate to be used for cost calcultion is 300.

Thanks and Regards,

Amruta Manohar Bagde.

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