Example 1
In this example, you set up a fee billing line using the rate per hour method, but you do not select the Cumulative check box. You generate one invoice, change the rate per hour, and then generate a second invoice.
This table describes how the system calculates the fee amount for the first invoice:
Rate Per Hour |
Accumulated Invoice Hours |
Calculation |
Fee Amount |
---|---|---|---|
10.00 USD |
20 |
20 x 10.00 |
200.00 USD |
This table describes how the system calculates the fee amount for the second invoice after you change the rate:
Rate per Hour |
Accumulated Invoice Hours |
Calculation |
Fee Amount |
---|---|---|---|
15.00 USD |
30 |
30 x 15.00 |
450.00 USD |