Timecard Entry with Percent
This example shows a timecard with a markup percentage:
Date |
Pay |
Hours |
Account Number |
Foreign Bill Rate |
Base Curr |
Curr Code |
Bill Rate |
Home BU |
|---|---|---|---|---|---|---|---|---|
February 01, 2005 |
1 |
1 |
77.1341 |
93.75 |
USD |
CAD |
62.50 |
9 |
(Bill Rate) = (Hourly Rate [PHRT]) + (Markup)25 + 150 percent Markup = 62.50(Foreign Bill Rate) = (Domestic Bill Rate) × (Exchange Rate Multiplier [USD to CAD])62.50 ×1.50 = 93.75
Note: The value of the exchange rate
multiplier changes when the GL date has a different exchange rate than the date
worked.