Project templates are useful if you have similar projects that have the same task lists and task structure. By using project templates you don’t have to add tasks and task lists manually each time you create a new, similar project.
In order to create a new template you need to either go to an existing project → Tasks → More → Save as project template
Or click on Your name (bottom left corner) → Company Settings → Projects → Project templates and create a new one from there.
Project templates will save your task lists, tasks, assigned users, est. hours, est. price, hourly rates and the billing type of the task. Any changes made to the templates will only affect newly created projects, older projects won’t be affected.
Check this 3 min video and see exactly how to use project templates in Paymo.