Example 1

In this example, you set up a fee billing line using the percent of cost method and you do not select the Cumulative check box. You generate one invoice, change the percentage, and then generate a second invoice.

This table describes how the system calculates the fee amount for the first invoice:

Percentage

Accumulated Invoice Amounts

Calculation

Fee Amount

15

600.00 USD

600 x .15

90.00 USD

This table describes how the system calculates the fee amount for the second invoice after you change the percentage:

Percentage

Accumulated Invoice Amounts

Calculation

Fee Amount

20

800.00 USD

800 x .20

160.00 USD