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You can define as many rounding rules as you need. On project level, you chose one of these rules (see Project Rounding Rule). By default, projects do not use any rounding rule.

ictime - Configuration Administration- Rounding Rules

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FieldDescriptionRemarks
Create rounding ruleCreate a new rounding rule 
NameAn internal name to identify the rule when configuring the rounding rule on project level. 
Minimum UnitThis is the minimum "time unit" used for rounding, i.e. we are always rounding up to an amount like e.g. 15 min or 30 min.You can't configure this. We offer 15 min and a multiple of 15 min. This way, time format can easily be converted into a decimal format for billing purposes.
Round UpThis is the limit between rounding down and rounding up. Starting with the value entered, we are rounding up. 
Enabled

You can enable/disable rounding rules here. Just click on the icon. You can change this at any time.

enabled

disabled

If a rounding rule gets obsolete, this way you can hide it from the project configuration (as you won't be able to delete it if it had been used already).

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