Your database will be pre-populated with location status'. These status' will have a rate of $0. To change the rate, follow the below steps
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Go the gear at the top right hand corner of the screen
Click on "Settings"
Click on "Location Status"
Hover your mouse over the rate you would like to change and a gear button will appear
Click on the gear
Click "Update"
A modal will appear with location status details.
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Adjust the rate and other details as required
Click "Update Location Status"