Billing on per day or per month basis
My client has a requirement where they require to bill their clients
by hourly/per day or per month rate for their T&M projects.
For eg: For Person A the bill rate is 1000$ per month.
Suppose the number of days in that month is 22 and if the person has
worked for 17 days then the quantity is 17/22=0.772
There is no labor cost rate maintained.The actual salary cost of the
employees are uploaded through web ADI costed transcations and
interfaced to GL.
Therefore entering timesheet is only for billing purposes.So I have
set the cost rate as 0
However the Bill rate schedule allows only Hours and is greayed
For eg: For Person A the bill rate is 1000$ per month.
Suppose the number of days in that month is 22 and if the person has
worked for 17 days then the quantity is 17/22=0.772
There is no labor cost rate maintained.The actual salary cost of the
employees are uploaded through web ADI costed transcations and
interfaced to GL.
Therefore entering timesheet is only for billing purposes.So I have
set the cost rate as 0
However the Bill rate schedule allows only Hours and is greayed
0