# Cost Rates

Cost Rate represents the hourly cost for an account member, specified in a specific currency. A cost rate
with the same currency as the account default currency is called the `default cost rate`.

## Get Cost Rates

 - [GET /cost_rates](https://developer.kantata.com/kantata/specification/cost-rates/get-cost-rates.md): This endpoint returns structured Cost Rate objects.
As with all Kantata OX API endpoints, the returned data will be referenced in sorted order in the results array
and will be indexed by ID in the cost_rates top-level JSON key.
Please see our Response Format section for more information.

## Creating one or many Cost Rates

 - [POST /cost_rates](https://developer.kantata.com/kantata/specification/cost-rates/create-cost-rate.md): Creates a new cost rate for a specified account membership and currency. If a cost rate already exists
for the specified account membership and currency, it will be overridden, effectively making this an
update request as well. Up to 100 cost rates can be created or updated at once.

Note: Updating a cost rate will set the cost rate for future work. Existing time entries will not be affected.


This endpoint returns structured Cost Rate objects.
As with all Kantata OX API endpoints, the returned data will be referenced in sorted order in the results array
and will be indexed by ID in the cost_rates top-level JSON key.
Please see our Response Format section for more information.

## Updating an existing Cost Rate

 - [PUT /cost_rates/{id}](https://developer.kantata.com/kantata/specification/cost-rates/update-cost-rate.md): This endpoint returns structured Cost Rate objects.
As with all Kantata OX API endpoints, the returned data will be referenced in sorted order in the results array
and will be indexed by ID in the cost_rates top-level JSON key.
Please see our Response Format section for more information.

## Deleting an existing Cost Rate

 - [DELETE /cost_rates/{id}](https://developer.kantata.com/kantata/specification/cost-rates/delete-cost-rate.md): The response will contain no content and an HTTP 204 status code if the request was
successful, or a standard Kantata OX error message explaining why the object could not be deleted.