Prerequisites

Before you complete the tasks in this section, verify these billing constants settings:

Independent Revenue/Invoice Amounts

Select this check box if you want to mark up the invoice and revenue amounts independent of one another.

Currency Mode

Select an option to control whether the domestic or foreign currency of a workfile transaction is used to search the Billing Rate / Mark up Table (F48096).

Effective Date Basis

Select from these options to identify which date from nonpayroll billable cost entries is used to search the Billing Rate / Mark up Table.

Labor Effective Date

Select from these options to identify which date from payroll-based billable cost entries is used to search the Billing Rate / Mark up Table.

See Setting Up Billing Constants.

Before you complete the tasks in this section:

• Determine the major and minor key values that are used to set up markup tables.

  These values are edited for validity when you create or update a Billing Rate / Mark up Table.

• Set up the billing rates and markup calculations to apply to workfile transactions.

• Determine the component rules used in the calculation of component workfile transactions.

  See Setting Up Component Rules.