Shortcuts - Default Rates 
 

The Default Rates Section is as follows:

Default Rates Are Automatically set whenever you Add a New Product to the PriceList

These Rates are also the values used by the Apply Values section

Things to Note:
These Values are Automatically Loaded & Saved at Program Startup and Exit

Also for Developer License Users - These settings are Global which means that they are the same for all PriceLists