More Calculations Billing Terms
A number of billing options, including add-on fees, tax, upset limit, and retainage options, are grouped together on the More Calculations tab of the Billing Terms form.
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- Add-on Fees
Use add-on fees to apply an additional charge to an entire invoice section. You can apply additional fees as a percentage of labor, expenses, consultants, fees, units, and/or add-on fee billings, or as an amount that you specify. You can also use the add-on feature to apply a project retainer. - Billing (Upset) Limit Methods
For each project, phase, or task, you can specify billing limit terms, also called upset limit terms. An upset limit is a maximum amount above which Vantagepoint cannot bill. - Billing (Upset) Limit Examples
A billing (or upset) limit is a maximum amount above which Vantagepoint cannot bill. You can choose from four different billing limit approaches.
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