---
sourceDocument: Australia Strategic Portfolio Management
sourceDocumentLink: https://www.servicenow.com/docs/r/australia/it-business-management

 Release :

    - australia

ft:locale :

    - en-US

ft:publication_title :

    - Australia Strategic Portfolio Management

ft:clusterId :

    - itbm

bundleId :

    - itbm

workflow :

    - Technology


---

# Rate type in labor rate card

# Rate type in labor rate card {#ariaid-title1}

Release version: Australia  
Updated November 5, 2026  
![](https://www.servicenow.com/docs/portal-asset/ico-clock) 1 minute to read  
The rate type functionality is used to categorize different types of work. For example,
Standard versus Overtime.

The Labor Rate Card form lets you specify the rate type, the hourly rate for that type, and the users it applies to. A single user can be associated with multiple labor rate cards that have different rate types.

Assume that a user logs time against a task and selects the rate type Standard in the Time Cards form. After approval, the system derives the expense line (cost) for the time card. The system looks for a labor rate card that is
assigned to the user and has the same rate type. If the user has multiple matching cards, the system uses the card with the lowest value in the Order field. If no labor rate card matches the user and rate type, the system uses the
default hourly rate. This rate is in the Time Sheets Administration Time Sheet Policy form (com.snc.time_card.default_rate) property.  
Note:  
A user can enter a rate type only if it is permitted by the users [Time sheet policies](https://www.servicenow.com/docs/Cj7XVOBCYWEFOg_auvO2_Q "Time sheet policies contain the policies to which a time sheet, or a time card must adhere.").
**Related tasks**   

* [Create a rate type](https://www.servicenow.com/docs/00y5G1wJ2_4PuEpD7qZMGg "You can create rate types using the Rate Types feature.")