By Account Method
The By Account method calculates expense billings based on the reimbursable accounts to which the expenses are charged. Expenses are grouped by account number.
You can specify this method for consultant and/or non-consultant expenses.
You must use an Expense Accounts table or the Global Table of Accounts with this method.
Determining the Multiplier
To determine the expense multiplier, Vantagepoint follows this hierarchy:
- If an Expense Accounts table has been established and specified for the project, and the account is listed in the table, Vantagepoint uses the account’s multiplier from the table.
- If an Expense Account table has been established and specified for the project, but the account is not listed in the table, Vantagepoint uses the multiplier in the Multiplier field in the Expense or Consultants section on the Rates tab of the Billing Terms form.
- If no expense account table has been specified for the project, Vantagepoint uses the multiplier in the Multiplier field in the Expense or Consultants section on the Rates tab of the Billing Terms form.
Parent Topic: Expense and Consultant Methods