Welcome to the Community, @ikorody.
I can assist you with the concern you have about the hourly rate calculator in the projects tab in QuickBooks Online.
In the recent updates to QuickBooks, the calculator icon used for calculating and adding employee hourly rates has been removed. If you use hourly cost rates to track your expenses, QuickBooks will calculate employees' labor costs using their timesheets tracked to your project. However, it's important to note that hourly cost rates will only calculate costs on new timesheets going forward. Any timesheets created before the hourly cost rate was entered will not be calculated in the project overview or reports.
Moreover, here are some articles you can check to learn more about tracking hourly labor costs and profitability. Also, added a resource where you can refer to the complete guidelines for customizing in QuickBooks Online:
I'm only a comment away if you have any questions about managing your employees in QuickBooks Online. Take care and enjoy your weekend!
