Cost plus processing
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