Projects - EBS (MOSC)

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Cost plus processing

edited May 17, 2015 10:00AM in Projects - EBS (MOSC) 1 commentAnswered

Is there any standard way of achieving under mentioned

Expenditure Type = Labor with cost of $1000

When billing I want to apply 3 mark ups on it as under mentioned

Fringe - 8%

G&A - 10%

Overhead - 6%

Now, I also want to calculate bonus fee of 10% which is calculated as (Labor + (Labor*Fringe))*Bonus Fee

So the calculation is

1000+(1000*8%)+(1000*10%)+(1000*6%)+(1000+(1000*8%))*6%

1000+80+100+60+64.8

1304.8

Is there anyway of achieving this in Oracle Project Billing

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