Revenue Generation for Two Workfile Transactions

These three examples illustrate the results of the NTE calculation when revenue is generated first and then invoicing is processed. 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 7 - NTE rule of 2 (subject to invoice and revenue).

  • Example 8 - NTE rule of 3 (subject to revenue).

  • Example 9 - NTE rule of 4 (subject to invoicing).