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 |
|---|---|---|---|---|---|---|---|---|
May 01, 2005 |
1 |
1 |
77.1341 |
62.50 |
USD |
CAD |
93.75 |
9 |
(Foreign Bill Rate) = (Hourly Rate [PHRT]) + (Markup)25 + 150 percent Markup = 62.50(Bill Rate) = (Foreign Bill Rate) × (Exchange Rate Multiplier [CAD to USD])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.