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    s nagavarapu
    Billing based on a multiplier rate
    Topic posted March 21, 2019 by s nagavarapuRed Ribbon: 250+ Points, tagged Project Billing & Revenue, Project Contracts, Project Costing 
    146 Views, 5 Comments
    Title:
    Billing based on a multiplier rate
    Summary:
    Will Fusion accommodate a project-specific multiplier table which grosses up OTL input hours?
    Content:

    We’re a project-based professional services firm that contracts on both fixed price and T&M. We want to in essence burden the hours worked on T&M jobs by grossing up the hours on a sliding scale depending on the total daily hours worked per person on the particular projects. The firm uses OTL for time keeping.

    Eg: In a day if the no of hour entered are less than 3 hours one rate should be applied and if more than 3 upto 5 hours on rate and more than 5 one rate.

    Ours is a SaaS instance.  Any workarounds / pointers would to achieve this requirement would be highly appreciated.

     

    Thanks

    Version:
    R13 19A Update

    Comment

     

    • Vamsi Krishna Maddipatla

      Hi

      Standard Solution :

      I am hoping your question is on bill rates to make sure that there is no misunderstanding. If it is bill rate then you can possibly using this option.

      1) Create different time types on OTL pointing to different expenditure types. So if employee is charging 5 hours, he will use a time type say "Regular Hours >5 and <7" and if he charging only 2 hours per day, ask him to use the Regular Hours <3. You can also ask him to charge first 3 hours on one time type and next few hours on another etc.

      2) Create Billing Overrides on the Contracts on the specific expenditure types, in the lastest version of cloud, you have got billing override on the contracts and assign a different rate per expenditure type that you want to bill the client.

      This way you can use the standard solution to bill these hours differently. Incase users have charged incorrectly or they want to move time afterwards, they will need to reduce hours on the first timesheet line and then charge to another. This solution will be slightly restrictive if your finance team wants to move the hours in expenditures from Manage Expenditures screen. 

       

      Custom Solution :

      Use a PaaS solution to calculate the hours and use Rest services to post the costs. Or use an OTBI report to get the corrective hours/costs and manually one time upload the correction hours/costs using ADFBDI uploads every month before billing.

      Thanks

      Vamsi

       

       

       

      Thanks

      Vamsi

      • s nagavarapu

        Thank You.  This is helpful.

      • s nagavarapu

        Hi Vamsi,

        I was trying to implement the standard solution that you suggested.  I went Contract billing > Schedules and Overrides.  But I don't see an option to assign a billing rate multiplier based on expenditure type for labor transactions.  I see labor multiplier but those are assigned at a contract line level.

        Can you please let me know if am looking at the correct section.

        Thanks,

        • s nagavarapu

          I see that we can assign a rate for the non labor expenditure types.  But I don't see the same option for labor expenditure items.

          Thanks,