How Vantagepoint Determines Labor Billing Rates

Vantagepoint follows a standard process to determine what billing rate to use for the labor and employee charges to a particular project.

Basic Process and Hierarchy

Vantagepoint follows this sequence to determine the labor rate to use when billing labor for a particular employee, labor category, or labor code.

  1. Vantagepoint checks the Method field on the Labor tab of the project's Billing Terms form.

    •  If the labor method is No labor billing, Vantagepoint does not include labor charges on the invoice.
    • If the labor method is not No labor billing, Vantagepoint determines if the employee appears in a labor override table specified on the Labor tab. If a table is specified and the employee appears in the table, Vantagepoint uses the rate in the override table.
  2. If no override table is specified for the project, or the employee does not appear in the table, Vantagepoint looks to see if the project's labor method is Rate Table, By Category, or By Labor Code.

  3. If one of these methods is selected, Vantagepoint determines if the employee is associated with the rate tab on the Labor tab. The employee may appear in the table, or be associated with it via a labor category or labor code.

  4. If the employee is associated with the rate table, Vantagepoint checks if there are multipliers specified in the Multipliers field on the Labor tab.

    • If there are multipliers, Vantagepoint multiplies the rate specified in the table by the non-zero multipliers specified in the Multipliers field on the Labor tab.

    • If no multipliers are specified, Vantagepoint uses the rate specified in the table.

  5. If the labor method is Rate times multiplier, Vantagepoint calculates the rate by multiplying the employee's job cost rate on the Accounting tab of the Employees hub by the non-zero multipliers specified in the Multipliers field on the Labor tab of the project's Billing Terms form.

    If Rate times multiplier is selected and no multipliers are specified in the Multipliers field, Vantagepoint uses the job cost rate specified on the Accounting tab of the Employees hub.