Defining a Rate Code for a Fee
Access the Fee Rate Code Table Revisions form.
- Rate Code
Enter the rate code used in Contract Billing for owner pay items that are fee-based lines. By defining a specific rate code, you have the ability to set up date sensitive fee percentages.
- % Fee (percent fee)
Enter the percent of markup you want the system to use when it calculates the billing amounts for fee lines for owner pay items. You enter either a percent in this field or a rate code in the Rate Code field. Enter the percentage as a whole number. For example, you enter 10 percent as 10.