Example 2
In this example, you set up a fee billing line using the rate per hour method, but you select the Cumulative check box. You generate one invoice and then a second invoice, without changing the rate per hour.
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 + 0) x 10.00) – 0.00 |
200.00 USD |
This table describes how the system calculates the fee amount for the second invoice:
Rate per Hour |
Accumulated Invoice Hours (current invoice) |
Accumulated Invoice Hours (previous invoices) |
Fee Amount from Previous Invoices |
Calculation |
Fee Amount |
---|---|---|---|---|---|
10.00 USD |
30 |
20 |
200 |
((20 + 30) x 10.00) – 200.00 |
300.00 USD |