1. Contract and Service Billing Implementation Guide
  2. Invoicing with Revenue Recognition for Two Workfile Transactions

Invoicing with Revenue Recognition for Two Workfile Transactions

These three examples illustrate the results of the NTE calculation when invoicing is processed with revenue. These examples are based on two workfile transactions, one in the amount of 8,000.00, and the other in the amount of 15,000.00. Both transactions have no markup and no taxes.

This section discusses:

  • Example 10 - NTE rule of 2 (subject to invoice and revenue).

  • Example 11 - NTE rule of 3 (subject to revenue).

  • Example 12 - NTE rule of 4 (subject to invoicing).