1. Contract and Service Billing Implementation Guide
  2. Example 6 - NTE Rule of 4 (Subject to Invoicing)

Example 6 - NTE Rule of 4 (Subject to Invoicing)

In this example, NTE is calculated on the entire amount of the workfile transaction. Because the workfile amount (15,000.00) exceeds the NTE maximum for the contract (10,000.00), no entries are created for invoicing or revenue.