Overtime multiplier

As part of this enhancement, two new Multiplier fields are introduced in the Bookable Resource • *Overtime Cost Multiplier • Overtime Sales Multiplier* Additionally, a new parameter, Bill Overtime has been added alongside the existing multiplier fields in the Task parameters in Task invoicing form. Bill overtime will have 2 values, *(Note: Labels can be modified, it’s under discussion) * • *Normal Sales Rate • Higher Sales Rate.* When a Time Entry is approved with an Overtime Type, - Cost Actual Price will be calculated using Standard Price × Cost Overtime Multiplier (from the Bookable Resource).

- Sales Actuals will be updated based on the Task Invoicing Parameter Bill Overtime

o If set to Normal Sales Rate, the Sales Price is calculated as,
Cost Actual Price × Overhead Multiplier × Profit Multiplier.
o If set to Higher Sales Rate, the Sales Price is calculated as,
Cost Actual Price × Overhead × Profit × Sales Overtime Multiplier (from the Bookable Resource) for the Unbilled Actual Price.
Defaulting Behaviour:
• If the Cost Overtime Multiplier is blank, the Cost Price defaults from the Standard Cost Price.
• If the Overhead, Profit, and Overtime Sales Multiplier values are blank, the Sales Price defaults from the Standard Sales Rate Card.



Feedback

Was this helpful?

Yes No
You indicated this topic was not helpful to you ...
Could you please leave a comment telling us why? Thank you!
Thanks for your feedback.

Post your comment on this topic.

Post Comment