It's possible to achieve something similar, by using Work Labels in work description, e.g. #billable, and then Group By: Work Label in any report or Pivot by Label report, please see https://primetimesheet.atlassian.net/wiki/spaces/KB/blog/2019/05/15/686915592/Pivot+by+Label+view
Note, there is no way to filter out work by labels yet though.
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