Display Three Billing Rate Multipliers on an Invoice

You can apply up to three labor multipliers to an employee's labor billing rate. By default, however, only two multipliers display on the invoice. The first multiplier is included in the employee rate.

The method described in this example displays the third multiplier in the Add-On section of the invoice. By default, the Add-On section displays at the end of the invoice. You can use the Invoice Template Editor to format your invoice to display the Add-On section beneath the labor section.

To display three billing rate multipliers on an invoice:

  1. In the Navigation pane, select Hubs > Projects > Billing Terms.
  2. On the Billing Terms form, open the project that you want to work on.
    If you want to modify billing terms for the phase or task level, click and select the phase or task that you want to modify.
  3. Click the Rates tab.
  4. In the Labor section of the Rates tab, select Rate times multiplier as the Method.
  5. In the Multipliers fields, enter multipliers in the last two fields only. Leave the first field blank.
  6. Click Save.
  7. Click the More Calculations tab.
  8. Select the Add-on Fees option.
    Vantagepoint shows the Add-ons grid.
  9. Click + New add-on to add a new row to the grid.
  10. Complete the information in the following fields:
    OptionDescription
    DescriptionEnter a description to display on the invoice, such as Labor Multiplier.
    Amount/PercentEnter the percentage to use as your third multiplier. (After Vantagepoint multiplies the first and second multipliers to determine the labor rate, it multiplies the labor rate by this percentage.)

    If you select the Use Amt option, enter the amount to use as your third multiplier.

    Show MultSelect this option to display the multiplier.
    LabSelect this option to use the multiplier for labor billing.
  11. When you are done, click outside the row to add the entry to the grid.