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Projects - EBS (MOSC)

Markup Percent calculation

Dec 16, 2020 12:34PM in Projects - EBS (MOSC) 19 commentsAnswered

for Indirect Project Type I have setup Employee rate as Markup percent 20 in rates schedule setup

I have created Pre approved batch for Timecards and entered 160 hrs for one of the Employee for which Markup percent is 20

ran the PRC Distribute Labor and PRC Cost accounting event , the program has created Raw cost rate as 40 and amount as USD 6400

Not sure how the system has taken Raw cost rate as 40 ??

Please advise ASAP, thanks

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