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