Apparently problem still exists 2 months later.

In projects I changed the employee rate to Hourly Costs, then in the profit margin column there was a yellow dot with an exclamation point, from there I was able to fill in hourly costs of each employee, yay

but

when I click on a project and go to Project reports / Time Costs by employee or supplier....all the employee hours are there with dates but only 0.00 in the cost rate column.

When cost rate for an employee is clicked it takes me to the Time Activity single day time sheet, where there is a Cost Rate /hr box but it is empty

I can't find a fix other than manually entering cost rates at the Time activity single day time sheet. 

Pretty frustrating & very time consuming.